Jane Street’s success in India was said to be due to a “secret strategy.” India’s market regulator says the high-frequency trader’s big gains are on account of market manipulation.
Futures Markets
Digital Gold Firm Plans Metal Leasing for India’s Jewelers
Digital Gold Firm Plans: After giving Indians the option to buy gold online for as little as 10 rupees (12 cents), digital gold provider SafeGold is planning to let its customers lease their metal to credit-starved small jewelers.
In Futures Markets, Gold Prices in India Hit Life Time New Highs
In Futures Markets, Gold Prices in India Hit Life Time New Highs, In global markets, gold prices were rose 0.7% to six-year high of $1,474 an ounce. Gold prices got a boost after US President Donald Trump last week in a surprise move announced that he would slap 10% tariffs on $300 billion in Chinese imports.