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Mumbai: US-based Jane Street said the Indian capital market regulator's order accusing the trading firm of manipulative trading in equity derivatives reflects a 'misunderstanding of standard hedging practices and the interrelationships between derivative and underlying markets'. The firm, in an internal communication that ET has accessed, said the Securities and Exchange Board of India's claim that the firm's activity is "prima facie manipulative", disregards the role of liquidity providers and ...Read More >
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