<ul data-eligibleForWebStory="false"><li>The Securities and Exchange Board of India (SEBI) has initiated a lengthy investigation into the trades of Jane Street, focusing on instances of index manipulation.</li><li>SEBI's interim order examined 18 major instances of Bank Nifty index manipulation and three instances involving the Nifty index on expiry days.</li><li>The investigation's complete duration is uncertain due to the vast amount of trade data to be analyzed, with expectations that it could extend until the end of the calendar year.</li><li>SEBI will issue a show-cause notice to Jane Street after analyzing the data, allowing the US hedge fund to present its perspective before a confirmatory order is given.</li></ul>

Jane Street Trades Head For Long-Drawn SEBI Investigation

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