By Jayshree P Upadhyay MUMBAI (Reuters) -India’s markets regulator has widened an investigation into alleged market manipulation by U.S. securities trading firm Jane Street to include other indexes and exchanges, a source familiar with the matter said. The Securities and Exchange Board of India earlier on Friday barred Jane Street from buying and selling securities in the Indian market and also seized $567 million of its funds. SEBI and Jane Street did not immediately respond to Reuters’ requests for comment. The regulator has alleged that Jane Street bought large quantities of constituents in India’s Bank Nifty index in the cash and futures markets to artificially support the index in morning trade, while simultaneously building large short positions in index options. Later in the day, Jane Street reversed the trades to profit from options positions, SEBI said in its 105-page order. In response, Jane Street said it disputes the findings of the SEBI interim order and will further engage with the regulator. “Jane Street is committed to operating in compliance with all regulations in the regions we operate around the world,” the firm said. The company can file its reply or any objections to the order within 21 days, SEBI said. It can also challenge the order judicially via the Securities Appellate Tribunal. The regulator expects to take time to complete the investigation, the source said, without providing more details on the regulator’s plan to widen its investigation. India is the world’s largest derivatives market, accounting for nearly 60% of global equity derivative trading volumes of 7.3 billion trades in April, the Futures Industry Association says. The burst of derivative trading activity, which includes a host of retail investors, has prompted the regulator to limit the number of contract expiries and increase the size of trading lots to make the derivatives more costly to trade. But the source said that while retail participation in index options trading on expiry day has moderated, there appears to be still too much concentration in short-term expiries and short-term trading. “Extending maturities and nudging more long-term trading, hedging, and investments would be ideal for our ecosystem,” the person said, referring to India’s capital markets. (Reporting by Jayshree P. Upadhyay in Mumbai and Nandan Mandayan in Bengaluru, Editing by Louise Heavens and Jane Merriman) in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
According to a source, India’s market regulator plans to expand its investigation into Jane Street.
