India Walks a Tightrope of Risk and Stability in Markets

This is a story about walking a tightrope. India Prime Minister Modi is committed to making India an economic power, and capital markets are what provide businesses with the money they need to start and to grow, but to do that, they need to encourage investors to take risks, enough risk but not too much, a fine balance we recently saw lost in India's equity derivatives market. As a market maker with a unique model, Jane Street's business makes bets on inefficiencies in markets.Bloomberg reporter Katherine D ...