Jane Street Curbed in India Markets After Alleged Illegal Gain

8 anonu 2 7/4/2025, 2:07:41 AM bloomberg.com ↗

Comments (2)

anonu · 13h ago
Also a cool read, the 105 page document outlining how the index manipulation went down: https://www.sebi.gov.in/enforcement/orders/jul-2025/interim-...

A quick read through seems that the strategies used were fairly rudimentary: a combination of leverage (via options) and going big -- enough to create imbalances that couldn't be offset by other market participants. They did this intraday - presumably closer to the open when price discovery was most important - but also on market close to tilt on-close imbalances.

6Az4Mj4D · 13h ago
It's surprising that they have power to buy 25-50% of BN stocks anyone day. Huge money power.