SEBI’s Jane Street ban not only reason for 20% derivative volume drop: 3 key factors
SEBI's ban on Jane Street, a US trading giant, has caused a 20% decline in derivatives turnover. This, along with other regulatory measures and changes in the derivative market, has led to a significant decrease in trading volumes and a wait-and-watch approach by traders, resulting in muted market sentiment. The impact of the new SEBI rules on F&O market has also widened bid-ask spreads.