US-based trading firm Jane Street Group has taken 2 former employees to court for allegedly stealing a confidential and immensely valuable trading strategy for the Indian derivatives market that helped it rake in a billion dollars. This has raised questions about trading firms’ profits coming at the expense of unsophisticated mom-and-pop traders. The Morning Brief’s latest episode lays threadbare why 90% of active retail traders lose money on derivatives and how trading firms are emerging as playground bullies wrestling away your lunch money as daily expiry compounds your problems. Hosts Anirban Chowdhury and Nikhil Agarwal talk to index options expert, Chetan Panchamia and head of technical and derivative research at JM Financial Services Ltd, Rahul Sharma.

Check out other interesting episodes like: Polls On My Pod: The Jal, Jungle, Zameen Struggle, Corner Office Conversation with Abhishek Lodha, CEO of Macrotech Developers, K-Pop to K-colleges: Korea Craze Continues, And more!

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You can follow Anirban Chowdhury on his social media: Twitter & Linkedin

Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.

Credits: Nirmala Sitharaman

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How Wall Street Algos are Eating Indian Options Traders’ Lunch

The Morning Brief

How Wall Street Algos are Eating Indian Options Traders’ Lunch