Sunday, July 27, 2025

Creating liberating content

The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice

Related News

Gold prices are likely to remain in a consolidation phase over the coming week, as investors await critical central bank policy decisions and developments on global trade negotiations, analysts said.The

In the last few weeks, the US has sealed trade deals with several countries. (AI image) US President Donald Trump’s reciprocal tariff deadline for August 1, 2025 will not be

Citigroup has entered the competitive luxury credit card market with the launch of its new Strata Elite Card, aiming to lure premium customers away from rivals like American Express’ Platinum

The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice of Rs 7,827.55 crore to Tata Communications for adjusted gross revenue (AGR) dues spanning nearly two decades, the company disclosed

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to

India’s IPO market is gearing up for a busy week starting Monday, with 14 companies, across both mainboard and SME platforms and set to launch their initial public offerings. Together,

Trending News

In the last few weeks, the US has sealed trade deals with several countries. (AI image) US President Donald Trump’s reciprocal tariff deadline for August 1, 2025 will not be

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to

India’s IPO market is gearing up for a busy week starting Monday, with 14 companies, across both mainboard and SME platforms and set to launch their initial public offerings. Together,

MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

File photo: Union minister Piyush Goyal (Picture credit: PTI) India’s Free Trade Agreement (FTA) with Oman is at an advanced stage and nearly finalised, Union Commerce and Industry Minister Piyush

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority.

Jane Street ban: US trading firm barred by SEBI from accessing India’s securities market; case relates to alleged index manipulation

Word Count: 600 | Estimated Reading Time: 3 minutes


Jane Street ban: US trading firm barred by SEBI from accessing India's securities market; case relates to alleged index manipulation
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. The ban follows an investigation into suspected manipulation through equity derivatives positions.SEBI issued an interim directive on July 3 on its official website, stating that Jane Street would be banned from participating in the country’s securities market.“Entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly,” the SEBI notice said with reference to Jane Street order.The regulatory body has also decided to recover 48.4 billion rupees ($566.71 million) from Jane Street, which SEBI claims were obtained through alleged improper practices, according to a Reuters report.In response to the SEBI ban, Jane Street denied the charges. “Jane Street disputes the findings of the SEBI interim order and will further engage with the regulator. Jane Street is committed to operating in compliance with all regulations in the regions we operate around the world,” the firm responded via email according to the Reuters report.SEBI’s regulatory action comes at a time when several international trading companies, including Citadel Securities, IMC Trading, Millennium, and Optiver, are expanding their operations in India’s flourishing derivatives markets.The regulatory body confirmed that it would continue to keep an eye on Jane Street’s activities on current positions whilst its investigation remains ongoing.





Source link

Sign In

Welcome ! Log into Your Account