Dont see many other risks like Jane Street: Pandey

Mumbai, July 7 (PTI) Sebı President Tuhin Kanta Pandey, said that the capital markets organizer did not see many other risks such as manipulations by Jane Street.

Talking to journalists days after a sebi order, La4,800 Crore by Jane Street, Pandey Sebi’nin surveillance systems, he said.

“And I don’t think there’s too much risk,” Pandy said, answering a certain question about whether there are other funds or investors who can manipulate markets in a similar way.

What was in Jane Street Matty was a “basis” issue of surveillance, and the regulator is only focusing on it, the regulator who has turned into a career bureaucrat.

Emphasizing that the action against Jane Street is within the boundaries of the existing regulatory forces, Pandey claimed that it was better supervision and practice that can help action against any injustice, not regulatory forces.

In an order published in the early hours of Friday, Jane Street, a New York -based Hedge Fund, is guilty of manipulating indexes by taking cash bets, and futures and option markets to get handsome gains at the same time.

Hedge suspended from accessing the market and La4,843 CRORE in earnings. Probe found that Jane Street was profitable. LaJanuary 2023-May 2025 on the probe period on a net basis 36.671 crore.

Pandey emerged with suggestions on how the monthly end in the derivative segment can help protect retail investors.

Authorized, the regulator’s derivative market to protect investors to protect other steps will be based on the data, he said.

Pandey, the increase in speculation of the effect of the recent interventions on the reduction of retail losses, the increase in speculation, Sebı’s last three months later on Monday, the derivative markets will come out with detailed data on the performance of the retail investors.

It can be stated that more than 90 percent of the bets of retail investors are reversed and this results in losses, which leads to certain measures.