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Bloomberg Quint

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Image Credit: Bloomberg Quint

Jane Street Banned From D-Street For Making Illegal Profits — Five Key Things To Know

  • SEBI bars Jane Street from trading due to manipulating stock indices in India.
  • Jane Street made Rs 43,289.33 crore in alleged profits, facing penalty and restrictions.
  • SEBI requires impounding funds and an escrow account for penalty enforcement.
  • Jane Street disputes SEBI's findings of illegal profits and commits to compliance.
  • SEBI's rare action impacts Indian markets as it penalizes active foreign player.

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