Sebi bars US trading firm Jane Street from Indian markets, orders Rs 4,840 crore freeze over alleged Nifty manipulation
The markets regulator Securities and Exchange Board of India (SEBI), on Friday barred U.S.-based trading giant Jane Street Group and its affiliates from accessing the country’s securities market, accusing the firm of deploying manipulative strategies to distort the Nifty 50 index and rake in massive profits from derivatives. In a scathing 105-page interim order, SEBI … Read more
