India Bans Jane Street Over Nifty 50 Manipulation Allegations
Originally Published 6 months ago — by CNBC
SEBI has temporarily barred U.S. firm Jane Street from Indian markets and frozen $566 million over allegations of manipulating the Nifty 50 index through aggressive trading strategies, citing a lack of economic rationale and ongoing manipulative practices despite advisories. The move aims to protect market integrity and retail investors amid concerns over algorithmic trading and foreign firms exploiting India's derivatives markets.
