SEBI has barred US trading entity Jane Street and three of its related entities from accessing the market, directing them to deposit illegal gains of Rs 4,843.5 crore in an account in favour of the markets regulator.

According to an order published on Sebi’s website, the regulator has ordered the seizure of Rs 48.4 billion (approximately $570 million), which it claims is the total amount of illegal profit made by Jane Street.

India has barred one of the world's largest quant trading firms, Jane Street, from accessing its securities market after an investigation found it made "unlawful gains", taking the most stringent action ever against a foreign trading firm.

Securities and Exchange Board of India (Sebi) said the trades executed by the group were “prima facie fraudulent and manipulative” and violated the country’s capital market regulations.

India's market regulator said it had barred global fund Jane Street from accessing the nation's securities market, after an investigation into alleged market manipulation.

SEBI bars Jane Street from India's securities market for making "unlawful gains", impounds ₹4,841 crore, taking strictest action ever.

New Delhi: Zerodha co-founder and CEO Nithin Kamath on Friday praised the Securities and Exchange Board of India (SEBI) for taking strong action against US-based trading giant Jane Street, saying...

Sebi bars Jane Street from markets, orders disgorgement of ₹4,843.57 crore for alleged manipulation of index options.

SEBI bars Jane Street from Indian markets, Jane Street SEBI News Updates Today: The Securities and Exchange Board of India (SEBI) has barred Jane Street, a US-based proprietary trading firm, and its affiliates from accessing the Indian securities markets and directed to disgorge ₹4,844 crore made in unlawful gains from alleged market manipulation.