Story perspectives

India Bans Jane Street Amid Index Manipulation Probe

7/9/2025

47 3

Summary

Story summary

Indian regulators have temporarily banned U.S. trading firm Jane Street for alleged index manipulation.
The Securities and Exchange Board of India (SEBI) is currently investigating the firm's trading practices.
Jane Street intends to contest the ban, asserting its actions were standard index arbitrage.
SEBI has seized $567 million from Jane Street and broadened its investigation to additional indexes.
Rapid growth in India's derivatives market has heightened concerns over potential investor losses.

1 of 1

Story summary

Indian regulators have temporarily banned U.S. trading firm Jane Street for alleged index manipulation.
The Securities and Exchange Board of India (SEBI) is currently investigating the firm's trading practices.
Jane Street intends to contest the ban, asserting its actions were standard index arbitrage.
SEBI has seized $567 million from Jane Street and broadened its investigation to additional indexes.
Rapid growth in India's derivatives market has heightened concerns over potential investor losses.