options market

Ex-Jane Street trader pillories claims he stole trade secrets

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A former Jane Street Group trader who moved to Millennium Management ridiculed his former employer’s claims that he used its secret strategy to make a killing at his new job in India’s options market. Responding to a lawsuit filed by Jane Street this month, Douglas Schadewald said it was “not only wrong, but impossible” that … Read more

indian elections: Calm over polls leaves India option traders exposed to surprises

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Indian option traders appear to be relatively unconcerned that the upcoming general election will disrupt the market’s steady climb higher, potentially leaving them vulnerable to an unexpected outcome. While NSE Nifty 50 Index’s monthly options expiring just after the election have risen slightly in value relative to shorter-term contracts as the world’s largest democratic exercise … Read more