Latest news with #highspeedtrading
Bloomberg
20 hours ago
- Business
- Bloomberg
Jane Street's Cash Machine Comes to an Abrupt Halt in India
Home to at least a half dozen high-speed trading firms, the blue-glass building with a rooftop helipad and a bronze bull sculpture in its plaza has been the center of a trading boom that made India the world's biggest equity derivatives market by volume. Foreign funds and proprietary traders using algorithms made $7 billion in the 12 months to March 2024 alone. That bonanza may be coming to an end. On Friday, nine months after the nation's securities regulator tightened restrictions on options trading to protect retail investors, it accused Jane Street Group — one of the market's biggest players — of manipulating prices to generate hundreds of millions of dollars in ill-gotten profits.
Bloomberg
29-06-2025
- Business
- Bloomberg
Optiver Moves to New Sydney Office In Search of Trading Edge
Optiver, part of a coterie of high-speed trading firms benefiting from a booming market-making industry, shifted the final batch of its 460-strong local staff into a five-floor glossy Sydney office on Monday. The firm, founded in Amsterdam by trader Johann Kaemingk, is expanding its capabilities in artificial intelligence and machine learning to sharpen trading strategies, said Darcy Harding, the company's co-head of index options.
