IMC Trading BV uses market selloff to train young traders
Updated
Updated · Bloomberg · May 7
IMC Trading BV uses market selloff to train young traders
2 articles · Updated · Bloomberg · May 7
In Mumbai, 30-year-old Jake Yi led a special Sunday budget-day session as screens turned red after India's new securities transaction tax hit stocks.
Yi, IMC's head of India index options, walked recruits through spreads and risk in real time, turning sharp volatility into practical instruction on decision-making.
The episode highlights how the high-frequency trading firm is building its India talent pipeline by using live market stress, rather than theory alone, to develop traders.
Did India's new trading tax accidentally dethrone its top stock exchange?
After 300 years, are taxes again reshaping India's market destiny?
Is the new transaction tax curbing market speculation or just shifting it?