Jane Street Deposits Rs 4,843 Crore with SEBI but Won鈥檛 Resume Trading Yet

By Samannay Biswas

Jane Street Deposits Rs 4,843 Crore with SEBI but Won鈥檛 Resume Trading Yet

Wall Street trading giant Jane Street has deposited Rs 4,843.5 crore into a SEBI-mandated escrow account but will not resume trading in Indian markets yet. While seeking a rollback of restrictions, the firm insists its index arbitrage strategy was 鈥渂eneficial to market health鈥 and is preparing for a legal battle.

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