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Podcast: The Morning Brief
Episode: How Wall Street Algos are Eating Indian Options Traders’ Lunch
Description: 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, Cheta...