Jane Street deposits Rs 4,843 crore in Sebi escrow; path cleared for return, but under tight watch

Jane Street deposits Rs 4,843 crore in Sebi escrow; path cleared for return, but under tight watch

After nearly two weeks of regulatory limbo, Jane Street has moved quickly to contain the fallout from Sebi’s explosive allegations of market manipulation. The US-based quant trading firm has deposited Rs 4,843.5 crore into a designated escrow account, fulfilling the market regulator’s primary condition for lifting the trading ban imposed on July 3. Also Read…

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