Jane Street Challenges India's Market Manipulation Ban

  Published 11 months ago

Jane Street contests India's SEBI ban, denying manipulation claims and calling its practices standard arbitrage.

  • SEBI barred Jane Street from trading in India, seizing $567M over alleged index manipulation.
  • Jane Street claims its strategies are routine arbitrage, vital for market liquidity and price alignment.
  • The regulator expanded the probe to other indices, citing explosive derivatives growth and retail investor losses.

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