India Set to Decline Data Request from Jane Street, Heightening Tensions in Trading Regulation

India is set to reject a data request from Jane Street, reflecting rising regulatory tensions in India’s financial markets, particularly around high-frequency trading.

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India Set to Decline Data Request from Jane Street, Heightening Tensions in Trading Regulation

India Set to Decline Data Request from Jane Street, Heightening Tensions in Trading Regulation
India’s securities regulator is poised to reject a data request from Jane Street, a prominent trading firm, as tensions rise over regulatory oversight on trading firms. The move comes amid increasing scrutiny of foreign trading activities within India’s financial markets. Regulators have expressed concerns about the transparency and integrity of data requests related to high-frequency trading strategies and algorithmic models. This decision could lead to further friction between Indian regulators and global trading firms, potentially affecting market dynamics.