Image used for representative purposes(AI image) NEW DELHI: Global trading company Jane Street is reportedly not assisting the Income Tax Department with their ongoing investigation, according to sources.Sources told ANI that the investigation faces significant challenges as the company’s essential servers are situated outside India, with officials encountering access limitations. “Access to the servers is being blocked,” one of the …
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Sebi’s Jane Street ban: Zerodha’s Nithin Kamath shocked trading firm ‘kept at it despite warnings’; quips ‘they’re used to lenient US regulatory regime’ – Times of India
Market regulator Sebi’s sweeping action against global proprietary trading firm Jane Street has triggered wider concerns about India’s options markets, with Zerodha founder and CEO Nithin Kamath warning that the crackdown, while justified, could adversely affect retail trading activity and hit exchanges and brokers.“You’ve got to hand it to SEBI for going after Jane Street. If the allegations are true, …
Read More »Jane Street ban: Why has SEBI barred US-based trading firm, which made multi-thousand crore profit, from India’s securities markets? Explained – Times of India
SEBI’s probe against Jane Street uncovered systematic market manipulation aimed at profiting from substantial index options positions. (AI image) US trading powerhouse Jane Street has been allegedly found guilty by India’s market regulator, the Securities and Exchange Board of India (SEBI), of market manipulation. The global trading giant’s massive options profits of Rs 43,289 crore, coupled with deliberate losses of …
Read More »Jane Street ban: US trading firm barred by SEBI from accessing India’s securities market; case relates to alleged index manipulation – Times of India
SEBI issued an interim directive stating that Jane Street would be banned from participating in the country’s securities market. (AI image) US trading firm Jane Street has been barred by Indian market regulator, the Securities and Exchange Board of India (SEBI), from domestic markets. SEBI has imposed restrictions on Jane Street trading firm, ordering them to surrender unlawful profits of …
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