Latest news with #KhushbooTiwari
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Business Standard
20-07-2025
- Business
- Business Standard
Green light for HFT firm Jane Street to re-enter domestic markets
But bourses to closely monitor company's future dealings on ongoing basis Samie Modak Khushboo Tiwari Mumbai Listen to This Article High-frequency trading (HFT) firm Jane Street has been allowed to re-enter the domestic markets after it fulfilled the Securities and Exchange Board of India's (Sebi's) direction to deposit alleged 'unlawful gains' of ₹4,844 crore in an escrow account before July 14. According to sources, Sebi last week informed Jane Street via email that the ban imposed on the New York-based trading firm had been lifted. 'The July 3 interim order clearly states that upon deposit compliance, the restriction on accessing the securities market will cease to apply. However, this has been formally communicated to Jane Street by Sebi through an
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Business Standard
20-07-2025
- Business
- Business Standard
Street Signs: Nifty adrift in choppy waters, IFSCA nets ghost firms, more
Nifty logs third straight weekly drop amid earnings jitters; IFSCA takes action against ghost firms in GIFT City; IPO pipeline swells ahead of July 31 deadline Puneet Wadhwa Khushboo Tiwari New Delhi Listen to This Article No wind in sails: Nifty adrift in choppy waters The benchmark Nifty 50 index slipped 0.7 per cent to close at 24,968 last week, weighed down by a tepid start to the first-quarter results season. This marked the third straight weekly decline, pushing the 50-stock index just below its 20-day exponential moving average (25,250) — a sign of fading strength. 'Lack of follow-through buying and persistent selling pressure is weighing on sentiment,' said Chandan Taparia, head of derivatives and technicals for wealth management at Motilal Oswal Financial Services. He added that unless the Nifty reclaims 25,300, the near-term bias stays
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Business Standard
10-07-2025
- Business
- Business Standard
Sebi vs Jane Street: Legal showdown could redefine India's derivatives mkt
Already, the overhaul of the derivatives trading rules - prompted, in part, by the aggressive nature of hft firms like jane street - is beginning to impact market dynamics Khushboo Tiwari Samie Modak Mumbai Listen to This Article A legal battle is looming — one that could reshape India's derivatives market, the world's largest by trading volume, and set a precedent for how regulators worldwide draw the line between clever trading and market abuse. The genesis of this battle lies in the sweeping crackdown the Securities and Exchange Board of India (Sebi) has launched against Jane Street, a US-based high-frequency trading (HFT) firm. Sebi has impounded ₹4,843 crore in alleged 'unlawful gains', accusing Jane Street of orchestrating a sophisticated 'sinister' scheme to manipulate the popular Bank Nifty index through aggressive derivative trading strategies. Jane Street, a global titan
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Business Standard
09-07-2025
- Business
- Business Standard
BSE SME: Helping tap equity capital as investor interest drives growth
More than 586 companies have listed on the platform and nearly a third have migrated to the mainboard of the stock exchange as investor interest drives growth Khushboo Tiwari Listen to This Article The BSE SME platform has emerged as a major gateway for small and medium enterprises (SMEs) to access institutional and public capital. The market capitalisation of companies listed on BSE SME has topped ₹1.8 trillion, with total equity capital raised nearly ₹10,000 crore. BSE SME and NSE Emerge put together have seen over 1,200 companies raise nearly ₹27,000 crore through initial public offerings (IPOs), according to data compiled by Prime Database. Since their inception over a decade ago, the two niche exchange platforms have helped entrepreneurs transition from the unorganised sector into the regulated fold.
Business Standard
06-07-2025
- Business
- Business Standard
Jane Street fallout: High-frequency trading, quant firms under lens
Sebi aims to stay proactive as firms expand in India Khushboo Tiwari Samie Modak Mumbai Listen to This Article The Jane Street controversy has prompted the Securities and Exchange Board of India (Sebi) and stock exchanges to intensify scrutiny of the trading strategies employed by global high-frequency trading (HFT) and quantitative (quant) firms. The case involving US trading firm Jane Street, where suspicious trading was flagged in August 2024, has exposed vulnerabilities in the existing oversight mechanisms. After several months of investigation, Sebi was able to issue a ₹4,840 crore impounding order against the New York-based firm last week, highlighting the complexity of monitoring sophisticated trading strategies. Sources indicate that no immediate violations of the scale of Jane Street
