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Stock impact report

China Steps Up Review of Foreign ETF Market Makers Including Jane Street [Yahoo! Finance]

UBS Group AG Registered Ordinary Shares (UBS) 
Company Research Source: Yahoo! Finance
firms participate in the country's roughly $859 billion exchange-traded fund market, as authorities seek more clarity on trading behavior conducted through domestic brokers. The review comes as regulators attempt to better understand activity in a fast-growing ETF ecosystem, particularly in the context of heightened sensitivity around market volatility and retail-driven flows. People familiar with the matter said the attention has been sharpened by Jane Street's ongoing regulatory dispute in India, where authorities last year accused the firm of misleading retail investors through alleged index manipulation, allegations that Jane Street has denied. Warning! GuruFocus has detected 6 Warning Sign with UBS. Is UBS fairly valued? Test your thesis with our free DCF calculator. Despite the scrutiny, Jane Street's footprint in China remains relatively limited. The firm was the largest foreign ETF market maker through the qualified foreign investor program as of June 30, ahead of Optive Show less Read more
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