India regulator calls for structural reforms in derivatives trading, FT reports

Aug 4 (Reuters) – India’s markets regulator is advocating “structural reforms” for the country’s derivatives market, following measures to limit retail participation and a temporary ban on U.S. trading firm Jane Street over alleged manipulation, the Financial Times reported on Monday.

The Securities and Exchange Board of India Chair Tuhin Kanta Pandey told the newspaper that the regulator was trying to curb unfair practices in the market to protect small investors, as “the volumes have come down but not to the extent that is desirable”.