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.
stock futures
Stocks, Futures Decline After Fed; Dollar Climbs: Markets Wrap
Futures Decline After Fed – Asian stocks dropped with U.S. and European futures Thursday after Federal Reserve Chair Jerome Powell highlighted uncertainty about the economic rebound. The dollar advanced against major peers.
Asia Stocks Mixed on New Trade Move
Gold Silver Reports (GSR) – Japanese shares fluctuated, while South Korean equities drifted. Futures on the S&P 500 Index declined following three days of gains for the underlying cash index that were driven in part by comments from White House officials indicating talks were in the offing between the world’s top two economies. Chinese markets are shut for a holiday. Crude oil prices dropped and gold rose. Treasuries recovered from recent losses.
India NSE Seeks Singapore Delay on Stock Futures
Gold Silver Reports – India NSE Seeks Singapore Delay on Stock Futures — The National Stock Exchange of India Ltd., operator of the country’s biggest bourse, is asking Singapore Exchange Ltd. to delay the planned introduction of single-stock futures that would track some of the subcontinent’s largest companies, according to people familiar with the matter.