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

According to Indian regulators, every trading day Jane Street would:

1) buy large volumes of stocks and/or stock futures that are part of an index tracking India’s banking sector, early in the day,

2) subsequently place large options trades, betting that the index would decline or volatility would spike later in the day, and

3) later in the day, cash out of the large long positions, dragging the index lower, making far more money on the options trades than on the long positions.

Jane Street can and likely will claim the firm was only arbitraging away pricing inefficiencies, nothing more, nothing less. It was just business as usual, etc., etc.

However, given the scale of the operation, Jane Street's actions sure look like textbook market manipulation. Calling it like I see it.

And this is what some of the brightest minds in the country are being harvested to develop. One of the biggest ongoing travesties.

Cash rules everything around me has been the slogan for this generation. Why wouldn’t they chase the biggest dollar?

By this generation please clarify you mean the ones that started this campaign in the 70s, not the subsequent lost generations of people who can barely envision owning a home with a graduate degree in engineering

Come on. How can you not be able to buy a house with an engineering degree? It's one of the best degrees out there.

Define buying a house.

For instance, buying a house in Bay Area. Realty around NYC is not very affordable, too. But such places is where the engineering jobs are.

If you get a real engineering degree instead of computer science slop, then your options for where to live and work (without relying on WFH trends going the right way for you) open up substantially.