Jane Street Deposits $567M Amid SEBI Probe

  Published 1 year ago

Jane Street deposits $567 million in escrow, aiming to resume Indian trading amid SEBI’s market manipulation investigation.

  • SEBI barred Jane Street for allegedly manipulating the Bank Nifty index via index arbitrage trading over two years.
  • Firm contests charges, claiming actions were standard index arbitrage; plans formal rebuttal in coming weeks.
  • Trading resumption unclear; firm avoids options trading in India during ongoing regulatory dispute.

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