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Bloomberg Quint

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Image Credit: Bloomberg Quint

Explained: When Can Jane Street Start Trading On Dalal Street?

  • Jane Street deposited Rs 4843.50 crore in an escrow account as mandated by SEBI to potentially resume trading on Dalal Street.
  • SEBI has set five primary restrictions that need to be removed for Jane Street to start trading again in India.
  • Market watchers anticipate the SEBI investigation into Jane Street to take 6-9 months before a final report is issued.
  • SEBI alleged that Jane Street's manipulative trading practices led to unlawful gains, prompting its ban from trading in the Indian market.

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