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The headlines are about the scale of the proprietary trading firm’s alleged manipulation when they ought to be about how easily and effectively it engineered profits for itself.

With competition in the segment intensifying, the chief business development officer of India’s largest exchange unpacks the bourse’s strategy going forward.
While rivals lost users, India’s largest broker leaned on lending and derivatives to deliver strong growth.
The market regulator is once again considering allowing colocation in the segment to pave the way for a smooth trading experience as commodity derivatives are drawing investors in hordes.