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Markets regulator Sebi on Monday announced that it has allowed Jane Streetthe US-based proprietary trading firm accused of market manipulationto resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi’s directive, issued in the interim order dated July 3, to deposit…
Mumbai: Jane Street has written to the Securities and Exchange Board of India (Sebi) seeking more time to respond to the market regulator’s allegations that it engaged in market manipulation in the local derivatives market. “We are engaging constructively with Sebi and have sought an extension to respond to the interim order issued on July…
Founder and CEO of stock brokerage firm ZerodhaNithin Kamath, on Friday lauded SEBI for “going after” Jane Streeta US-based investment firm that has been alleged of index manipulation. In the 105-page interim order, SEBI has imposed to recover one of the highest ever illegal gains made by the group of Rs 4,843.57 crore. The order…
US-based hedge fund Jane Streetwhich allegedly made handsome gains through market manipulationhas deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. The watchdog is examining the request, Sebi said in a statement on Monday. In an interim order on July 3, the regulator…
