India Tightens Options Rules Again After Jane Street Saga

India's securities regulator, the Securities and Exchange Board of India (SEBI), has implemented additional restrictions on equity-index options trading. This move is aimed at curbing speculation, which comes just months after SEBI's crackdown on the trading activities of Jane Street Group, a U.S.-based financial firm, for alleged manipulation. The new regulations include lowering the position limits for index options and introducing a mechanism to ensure higher transparency and monitoring of trading activities. SEBI's actions are part of its ongoing efforts to maintain the integrity and stability of the Indian securities market, which has faced concerns over excessive speculation and potential market manipulation in the past. The Jane Street saga, which led to SEBI's previous intervention, highlighted the regulator's commitment to addressing such issues and protecting the interests of investors. The latest regulatory changes underscore SEBI's determination to further strengthen its oversight and ensure a fair and efficient capital market in India.