Jane Street ban: US trading firm deposits Rs 4,843 crore in escrow account; requests SEBI to lift trading restrictions
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US-based quant trading firm Jane Street is seeking to lift trading restrictions imposed by SEBI after depositing ₹4,843.58 crore in an escrow account. SEBI alleges Jane Street manipulated India’s derivatives market, accumulating ₹36,500 crore in profits through orchestrated price inflation and subsequent liquidation of Nifty Bank component stocks and futures.
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