Why SEBI suspended futures trading in agri products

The story so far: Securities & Exchange Board of India (SEBI) on Monday issued directions to stock exchanges in the commodity derivatives segment for immediately suspending trading in derivative contracts in key farm commodities, namely paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong for … Read more

How bedroom trader Navinder Sarao made his first millions and kickstarted an odyssey that ended with historic market manipulation and a $1 trillion crash

Navinder Singh Sarao was arrested in 2015, accused of helping cause a $1 trillion market crash. Sarao was accused by the US government of manipulating markets by posting then canceling huge volumes of orders to trick other participants about supply and demand — a brand new offence known as ‘spoofing.’ In this extract from hs … Read more