
Jane Street Deposits Rs 4,800 Crore In Escrow As Mandated By Sebi, But Won’t Resume Trading Immediately
In an interim order, the Securities and Exchange Board of India accused global trading firm Jane Street of deliberately manipulating the index through a series of trades that it said lacked “plausible economic rationale.” SEBI called it a case of “intra-day index manipulation,” flagging what it described as aggressive, unhedged positions in Nifty Bank options…