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Dorchester Center, MA 02124
The general view of the CEBI (Indian Securities and Exchange Platter) is seen in India’s July 1, 2025 in the workplace of the India.
Nurphoto | Nurphoto | Getty pictures
India (CEBI) Securities Exchange Board prevented Jane Street Group from entering India’s securities market Order placed on the regulatory website on Friday.
The order is more prohibited from the US Commercial Company to enter the securities market and purchase, sale or other direct or indirectly, “he said.
The regulator also asked Jane Street to 48.4 billion Indian rupees ($ 566.3 million), 48.4 billion dollars ($ 566.3 million).
Later, the banks said that without the PEB Permit, “Jane Street institutions or individuals”, without the permission of the sebi without a resolution, no debit allowance.
The company allegedly used various strategies to artificially influence the criteria of India Oily 50 Index that earns the best 50 companies in the country, significantly large positions in index options.
Sebi said that manipulative trading re-examinations continue after the “open advice” in February 2025.
India’s regulator expressed concerns of previously applied experiences algorithmic tradeIn September 2024, SEBI allowed SEBI to win 610 billion Indian rupees in 2024 in 2024, and other market participants lost the same amount in 2024.
CNBC reached Sebi and Jane Street for comment.
– CNBC’s Akrakita Saxena contributed to this report
This is a developing story. Please check again for updates.