All articles tagged with #india regulator
Jane Street has requested an extension to respond to India's SEBI regarding allegations of market manipulation, after being temporarily barred from trading in India and setting aside funds to comply with the investigation. The firm disputes SEBI's findings and is engaging constructively with regulators.
Jane Street, a highly secretive and profitable trading firm, has come under scrutiny after India's SEBI regulator seized $564 million related to its trading strategies, revealing detailed trading data and raising questions about its operations and risk practices. The firm, known for its risk appetite and technological focus, disputes the regulator's findings and faces potential investigations in other jurisdictions, highlighting its rapid growth and the challenges of maintaining secrecy in high-stakes trading.
Jane Street Group deposited $564 million in an escrow account to comply with India's SEBI amid ongoing investigations into alleged market manipulation related to its options trading, with the firm denying the allegations and considering legal options while its return to the Indian market remains uncertain.