Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
Publishing timestamp: 2025-07-04 01:13:58
Summary
SEBI issued an interim order to impound over $566.3 million from Jane Street for alleged market manipulation in India's securities market. Jane Street used various strategies to influence India's benchmark Nifty 50 index and profit from options trading. SEBI accused Jane Street of manipulating indices to their advantage and freezing their illegal gains. Other trading firms have been increasing their presence in India's booming derivatives market, leading to concerns over market integrity.
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Keywords: business news, cnx nifty index, breaking news: markets, markets,