Jane Street Can Trade Again in India! Pays ₹4,843.5 Crore as Asked by SEBI!

Jane Street Group has made a comeback in India's capital markets by complying with the Securities and Exchange Board of India (SEBI) directive to deposit ₹4,843.5 crore, as per a Moneycontrol report. With the interim order of July 3, 2025, fulfilled, the firm has regained eligibility to trade on Indian exchanges.

Jane Street Deposits ₹4,843.5 Crore with SEBI 

Jane Street Group, a global proprietary trading firm, deposited ₹4,843.5 crore in an escrow account as required under Clause 62.1 of SEBI’s interim order. The order stemmed from allegations of unlawful gains related to index option trading. With the deposit held under a lien in SEBI's favour, the firm has satisfied key regulatory conditions, allowing it to resume participation in Indian equity markets.

Restrictions Lifted, But Strategy Limitations Remain

SEBI had previously barred Jane Street from buying, selling, or dealing in securities until the deposit was made. Following compliance with Clause 62.2 and 62.11, these trading restrictions are no longer valid. However, the order still prohibits the firm from using any previously identified trading patterns or engaging in activities deemed unfair or manipulative.

SEBI to Continue Monitoring Market Activities

While trading has resumed, SEBI has directed exchanges to keep a close watch on Jane Street’s dealings. Any further breaches may invite additional scrutiny or penalties. SEBI has also stated that if Jane Street provides justiciable reasoning or if investigations prove no wrongdoing, the impounded amount may be refunded.

Read More: SEBI Likely to Open Up New Activities for Credit Rating Agencies in Financial Sector!

Future Course Uncertain Despite Regulatory Clearance

Despite meeting SEBI's requirements, there is no clear signal whether Jane Street will restart full trading operations immediately or adopt a cautious approach. The company has maintained that its Indian activities were based on standard hedging practices misunderstood by regulators.

Conclusion

Jane Street’s deposit of ₹4,843.5 crore marks a compliance milestone that restores its ability to trade in India. While regulatory barriers are lifted, ongoing surveillance and specified limitations on strategy usage remain in place. The case underscores SEBI’s firm stance on capital market integrity.

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