Interim Order in the matter of Index manipulation by Jane Street Group

5 pointsposted 7 months ago
by bwfan123

2 Comments

bwfan123

7 months ago

Two strategies are detailed with trades.

1) expiry day index option strategy 2) expiry day painting the close strategy

Quite shocking how many traders were selling put options naked without any hedges. Also, the strategy seemed completely legit, ie, Jane Street capitalizing on unsophisticated index options traders.

user

7 months ago

[deleted]