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SEBI Proposes HFT Division as Jane Street Ban Is Lifted

Following Jane Street’s escrow deposit, SEBI will continue its six-to-nine-month probe under tighter surveillance

Overview

  • Jane Street restored market access after depositing ₹4,843.57 crore in escrow to lift SEBI’s interim trading ban
  • SEBI Chairperson Tuhin Kanta Pandey emphasized the regulator’s technical expertise to counter sophisticated algorithmic strategies deemed manipulative
  • The exchange regulator is exploring the creation of a specialized high-frequency trading division to monitor expiry-day arbitrage
  • Indian stock exchanges are delivering detailed trading data on Jane Street entities, prompting SEBI to ready further directives before a confirmatory order
  • Jane Street intends to challenge SEBI’s manipulation findings while operating under enhanced oversight