menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

SEBI's Rs ...
source image

Bloomberg Quint

2w

read

207

img
dot

Image Credit: Bloomberg Quint

SEBI's Rs 4,844-Crore Order Against Jane Street Might Have A Rs 15,000-Crore G-Sec Guarantee

  • SEBI has ordered Jane Street Group to impound Rs 4,843.57 crore in alleged unlawful gains from trading in Indian index options.
  • Jane Street Group's margin deposits of Rs 15,000 crore in G-Secs could be used to recover the illegal gains if necessary.
  • The order restricts Jane Street entities in India from trading or participating in any market-related activity, with funds to be deposited in an escrow account under SEBI's control.
  • Jane Street disputes the findings of SEBI's interim order and plans to engage further with the regulator.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app