Jane Street faces scrutiny from India’s Sebi over alleged manipulation in the options market, involving a hefty penalty and trading ban. The firm is appealing to SAT, arguing Sebi withheld exculpatory evidence. The outcome will determine Jane Street’s future in India and test Sebi’s enforcement transparency, impacting investor confidence in the booming options market.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets