Jane Street deposits Rs 4843.57 crore; urges SEBI to lift trading ban
New York-based trading giant Jane Street Group has made a significant step towards restarting its business in India. The company has fully complied with a recent order from India’s market regulator, SEBI, by paying an astounding ₹4,843.57 crore (roughly $567 million) in an escrow account. This move directly addresses a July 3, 2025, interim order from SEBI accusing the Wall Street company of manipulating the Indian derivatives market, particularly Nifty futures. Jane Street has formally requested that SEBI lift the trading ban in light of the deposit. SEBI has acknowledged this request and said it’s currently under review. Quick Recap: Why Was Jane Street Banned in the First Place? On July 3, SEBI: Deposit Done – So, Is the Ban Over? Yes – but with conditions. What’s Changed: What Still Applies: What Is Jane Street Saying? Jane Street has strongly denied all allegations. In internal communications: Legal Showdown on the Horizon? Even though the deposit has been made, Jane Street hasn’t backed down. This legal challenge may establish a significant precedent for the regulation of foreign algorithmic trading firms in India. What Does This Mean for Traders and the Market? Conclusion: Jane Street’s ₹4,843.57 crore deposit represents a significant compliance milestone, the fight is far from over. The firm still faces: Jane Street’s legal approach, SEBI’s review, and the possible repercussions for India’s financial system will all be closely watched in the coming weeks. For the latest market updates and insights, follow The Safe Trader Academy Disclaimer:The information provided here is purely for educational and informational purposes only and reflects our personal analysis and opinions. We are not SEBI-registered advisors. Please consult a qualified financial advisor before making any investment decisions.