[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  ANI [@ANI](/creator/twitter/ANI) on x 9M followers Created: 2025-07-04 09:50:07 UTC #WATCH | Mumbai | BCB Brokerage Private Limited MD Uttam Bagri says, "As per the order, SEBI has raised two main allegations. First, market manipulation, Jane Street allegedly took long positions in the cash segment while simultaneously building larger short positions in the derivatives segment. Later, they squared off their cash positions aggressively, pulling prices down and profiting from their short positions. Second, manipulation of closing prices - especially on expiry days, where they took large derivative positions and used cash trades to influence settlement prices in their favour... SEBI’s stance is clear, no matter how big or small the player, if there’s market manipulation, action will be taken. The size of the penalty reflects the scale and seriousness of the misconduct... Intraday Index Manipulation refers to creating a misleading market trend during the day, by taking positions in the cash market to influence prices, while placing opposite trades in derivatives to profit. Once prices move as planned, they exit the positions, often at the cost of retail investors... Retail investors accept normal market risks, economic, political, or global events. But manipulation risk is unfair. SEBI believes such practices mislead retail investors, and hence strong action was taken..."  XXXXXX engagements  **Related Topics** [primary market](/topic/primary-market) [manipulation](/topic/manipulation) [bcb](/topic/bcb) [Post Link](https://x.com/ANI/status/1941072019447042378)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
ANI @ANI on x 9M followers
Created: 2025-07-04 09:50:07 UTC
#WATCH | Mumbai | BCB Brokerage Private Limited MD Uttam Bagri says, "As per the order, SEBI has raised two main allegations. First, market manipulation, Jane Street allegedly took long positions in the cash segment while simultaneously building larger short positions in the derivatives segment. Later, they squared off their cash positions aggressively, pulling prices down and profiting from their short positions. Second, manipulation of closing prices - especially on expiry days, where they took large derivative positions and used cash trades to influence settlement prices in their favour... SEBI’s stance is clear, no matter how big or small the player, if there’s market manipulation, action will be taken. The size of the penalty reflects the scale and seriousness of the misconduct... Intraday Index Manipulation refers to creating a misleading market trend during the day, by taking positions in the cash market to influence prices, while placing opposite trades in derivatives to profit. Once prices move as planned, they exit the positions, often at the cost of retail investors... Retail investors accept normal market risks, economic, political, or global events. But manipulation risk is unfair. SEBI believes such practices mislead retail investors, and hence strong action was taken..."
XXXXXX engagements
Related Topics primary market manipulation bcb