How Jane Street Used Controversial Expiry-Day Strategy 'Marking The Close' To Extract Massive Gains

SEBI launches a full-scale investigation into US-based Jane Street Group for allegedly using the expiry-day strategy ‘marking the close’—leveraging algorithmic trades to distort Nifty index levels in the final 30 minutes and amass Rs 4,844 crore in profits, even as 91 per cent of retail traders lost money in FY25.
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