Explained: What is Jane Street and how it made Rs 36,500 crore profit by gaming Dalal Street
When one of the world’s most sophisticated trading firms makes Rs 43,289 crore in options profits while deliberately losing Rs 7,208 crore in futures and equities, it raises a fundamental question: Was this strategic brilliance or systematic market manipulation? India’s securities regulator, Sebi, believes it’s the latter. The regulator has accused Jane Street Group—a global…