(Bloomberg) — India has temporarily barred Jane Street Group LLC from accessing the local securities market for alleged index manipulation, dealing a severe hit to the US firm that made $4.3 billion in trading gains there in more than two years. Most Read from Bloomberg The Securities and Exchange Board of India said it would…
Donald Trump’s election victory has Wall Street bullish about tax cuts and deregulation boosting corporate profits. Even after the stock market’s post-election rally came to a screeching halt on Wednesday when the Federal Reserve signaled a hard line on interest rates, the S&P 500 remains up since Trump’s win. The VIX, popularly known as the…
(Bloomberg) — India’s youngest infrastructure lender has increased hedging in the interest-rate derivatives market to such an extent that it’s helping keep a lid on funding costs in the country, an unintended benefit to a slowing economy. Most Read from Bloomberg The lender’s more active presence has played a key role in causing India’s five-year…