Indian regulator SEBI bars Jane Street from accessing securities market
On July 1, 2025, a general appearance of the SEBI (Securities and Indian Stock Exchange) building is seen in Mumbai, India, India.
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The Indian Stock Exchange Board (SEBI) prevented Jane Street Group from accessing India’s securities market. The order was published on Friday on the organizer’s website.
The order said that the US Trade company “has been prevented from accessing the securities market of the organizations and is prohibited from buying, selling or otherwise to buy securities directly or indirectly”.
The regulator also issued a temporary order to support more than 48.4 billion Indian Rupes ($ 566.3 million) from Jane Street, allegedly illegal earnings from Jane Street.
He also stated that banks were directed to ensure that “no debt is made without the permission of Sebı” for the accounts held by Jane Street’s organizations in common or individually.
It is claimed that the company uses various strategies to artificially influence India’s comparison. Nifty 50 The index that follows the country’s top 50 companies to benefit from significantly larger positions in index options.
Sebi, February 2025, a “open advisory” was published even after the repetition of manipulative trade examples continued, he said.
The Indian organizer expressed his concerns about practices like before. algorithmic tradeIn the September 2024 report, Sebı allowed registered traders and foreign portfolio investors to make 610 billion Indian Rupes in the snow in 2024 financially, while retail investors and other market participants lost the same amount in this period.
CNBC reached Sebi and Jane Street for a comment.
– Aparajita Saxena from CNBC contributed to this report
This is an developing story. Please check again for updates.
