Overview

• Jane Street has deposited ₹4,843.5 crore into an escrow account as mandated by SEBI’s July 3 interim order, satisfying the core condition to unblock its market access.
• The firm has formally requested SEBI to lift specific trading restrictions and is awaiting regulator approval before resuming operations.
• SEBI continues a 6–9 month investigation into alleged intra-day index manipulation and maintains enhanced surveillance and strategic curbs on Jane Street.
• Derivatives turnover plunged by 17–20 percent following the initial ban, prompting exchanges to strengthen real-time monitoring of algorithmic trading.
• Jane Street disputes SEBI’s findings as standard arbitrage and plans to challenge the regulator’s order through legal channels.