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SEBI Lifts Trading Ban on Jane Street After ₹4,843 Crore Escrow Deposit

SEBI has barred Jane Street from trading in options or cash until the firm explains its trades, with exchanges instructed to maintain strict surveillance.

Overview

  • The move restores Jane Street’s access to Indian markets, reversing the July 3 trading ban once its ₹4,843.57 crore escrow deposit was verified.
  • Jane Street submitted the escrow funds “without prejudice” to its legal rights, preserving its ability to challenge SEBI’s allegations in court.
  • SEBI directed both the National Stock Exchange and BSE to maintain heightened monitoring of all future positions and transactions by the Jane Street Group.
  • The regulator’s ongoing probe spans alleged expiry-day index manipulation between January 2023 and March 2025 that reportedly generated over ₹36,500 crore in profits.
  • Derivative volumes began recovering as BSE shares climbed roughly 3%, reversing the 21% slump recorded under the ban.