Expiry Day Turmoil Shows Jane Street Was Never the Only Problem Volatility on July 31 mirrored the infamous Jane Street episode, raising deeper questions about India’s options market design.

July 31 looked a lot like Jan 17—without a villain in sight. Gut-wrenching swings, déjà vu expiry. With already lens on Jane Street, is it a system-wide flaw now?

Sanjay Mansabdar explains why India's options market may need deeper reform 👇

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