Sebi action on Jane Street highlights 3 aspects of market: Uday Kotak

July 5, 2025

Uday Kotak flagged structural flaws in Indian markets — warning against excessive money power, distorted liquidity, and volume-driven business models. Kotak’s remarks come as Sebi details how Jane Street allegedly gamed index expiry trades to book massive profits, raising fresh questions about fairness and transparency in derivatives trading.

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