What is Jane Street, the U.S. trading firm banned by SEBI?

[ad_1] The Securities and Exchange Board of India (SEBI) has barred one of the world’s largest quant trading firms, Jane Street, from accessing its securities market after an investigation found it made “unlawful gains”, taking the most stringent action ever against a foreign trading firm. The markets regulator also impounded ₹4,841 crore from U.S.-based Jane […]

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Rupee declines 7 paise to close at ₹77.73 against US dollar 

[ad_1] Persistent foreign capital outflows and elevated global crude oil prices impacted rupee, forex traders said Persistent foreign capital outflows and elevated global crude oil prices impacted rupee, forex traders said The rupee slipped 7 paise to close at ₹77.73 (provisional) against the U.S. dollar on Tuesday as a massive sell-off in domestic equities and […]

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