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Jane Street barred from Indian markets as regulator freezes $566M

(www.cnbc.com)
518 points bwfan123 | 2 comments | 06 Jul 25 14:03 UTC | HN request time: 0.471s | source
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balderdash ◴[06 Jul 25 20:27 UTC] No.44483756[source]▶
Having formerly worked for an NYSE Specialist firm the role of market making is incredibly important, but many large-scale HFTs today operate in ways that either stretch the legal boundaries or exploit regulatory gaps. Many practices arguably amount to market manipulation in spirit, even if technically legal. Candidly, the regulators are either too lazy, stupid, ill equipped or uninterested to do anything about it.
replies(8): >>44483821 #>>44483846 #>>44483885 #>>44484251 #>>44484632 #>>44484834 #>>44485682 #>>44492233 #
zeroCalories ◴[06 Jul 25 20:36 UTC] No.44483821[source]▶
Does it really matter? I've done nothing but buy and hold at reasonable prices, and market manipulation has never affected my trades. This seems like finance bros fucking finance bros, which is solidly in the "who cares" category of my life.
replies(3): >>44483856 #>>44484423 #>>44485348 #
ycombinatrix ◴[06 Jul 25 20:40 UTC] No.44483856[source]▶
Our 401k & pensions are managed by "finance bros"
replies(4): >>44484120 #>>44484825 #>>44484892 #>>44485718 #
1. throwaway2037 ◴[07 Jul 25 01:10 UTC] No.44485718[source]▶
In 2025, most people have passive index tracking funds in their 401k. Not exactly rocket science.
replies(1): >>44485797 #
2. esseph ◴[07 Jul 25 01:22 UTC] No.44485797[source]▶
Maybe, but most working adults don't have a 401k. It's almost 50% last I checked.