WHY BANNED JANE STREET IN INDIA ?
How Jane Street Allegedly Manipulated Indian Markets to Earn ₹36,500 Crore I n a shocking move, India’s market regulator SEBI has accused global trading giant Jane Street of manipulating Indian stock markets to earn a staggering ₹36,500 crore (~US $4.3 billion). This high-profile case could reshape how foreign firms operate in India’s booming derivatives market. Here’s everything you need to know about this financial scandal that’s rocking Dalal Street. 📌 What Is Jane Street and Why Is It in the News ? Jane Street is a US-based quantitative trading firm, known worldwide for high-frequency trading and algorithmic strategies. Famous for its secrecy and lightning-fast trades, it operates in markets from New York to Tokyo. But in India, SEBI alleges Jane Street crossed the line from smart trading to market manipulation—by rigging expiry-day moves in the Bank Nifty index. 🔥 The Alleged ₹36,500 Crore “Pump and Dump” Strategy SEBI’s 105-page interim order (July 2025) details how Jane ...