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India Bans JPMorgan Unit Over Alleged Stock Market Manipulation
India's market regulator has banned a JPMorgan unit from trading due to alleged stock market manipulation and Sensex price rigging. This action follows an investigation into the firm's trading practices.
20 Aug, 01:29 — 20 Aug, 06:42
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
ndtv
Center1
Center (1)
bloomberg
Right
Far R
Geographic diversity— 2 regions9/34
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ℹOnly 2 sources cover this story
Sources
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bloombergHigh4d ago
India Bars JPMorgan Unit Over Alleged Stock Market Manipulation
India’s market regulator banned a Mauritius-based unit of JPMorgan Chase & Co. from the capital market over allegations of alleged manipulative trading in the South Asian nation’s newly introduced auction-based system for share price discovery.
By Chiranjivi Chakraborty
Read full article →ndtvMostly Factual4d ago
Market Regulator Bans JPMorgan Unit From Trading Over Sensex Price Rigging
SEBI alleged the trading patterns appeared manipulative because both firm canceled large portions of the orders during the auction window.
Read full article →Coverage Timeline
First report: bloomberg · 20 Aug, 01:29|Full coverage: 2 · 5h|Window: 5h
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