SEBI Tightens Derivatives Surveillance After Jane Street Case
Why in the news
Speaking at a public event, SEBI’s chief said the regulator would step up monitoring of derivatives trading, following its action against Jane Street.
Key facts
- Speaker: SEBI Chairman Tuhin Kanta Pandey.
- Plan: tighter surveillance frameworks on stock exchanges and within SEBI’s internal systems.
- Targets: market manipulation, misuse of algorithmic and high-frequency trading (HFT), insider trading and front-running.
- Trigger: the case against Jane Street, a U.S.-based HFT firm.
The Jane Street case
- SEBI described it as a “surveillance matter”.
- The firm was alleged to have used abusive trading patterns that called for regulatory scrutiny.
Exam angle
- SEBI Chairman in 2025: Tuhin Kanta Pandey.
- HFT = high-frequency trading, a form of algorithmic trading.
- Regulator of securities and derivatives markets: SEBI.