Archive · 3 Sep 2025
Jane Street's India Revenue Drops Amid Market Manipulation Claims
Jane Street, a major trading firm, is facing allegations of manipulating the Indian stock market.
India's regulators have temporarily banned the company from trading in the country.
Jane Street denies the accusations and has appealed the decision.
The company's revenue from India has significantly decreased.
They claim the regulators have not given them all the necessary documents for their defense.
Despite the issues in India, Jane Street's global profits are very high.
The situation is being closely watched by other high-frequency trading firms operating in India.
Jane Street's India revenue declined amid allegations of misconduct.
The firm was temporarily banned from India's securities market by SEBI.
Jane Street denies the allegations of manipulative transactions.
Jane Street's India revenue is on pace to be less than half of the 2024 total.
Jane Street filed an appeal to contest SEBI's allegations.
- Who
- Jane Street and SEBI
- What
- Jane Street's India revenue declined amid allegations of market manipulation.
- When
- Ongoing; Interim order dated July 3, 2024.
- Where
- India
- Why
- Allegations of misconduct by Indian securities regulators.
Jane Street
SEBI
Trading Activity
Jane Street
Denied allegations of market manipulation.
SEBI
Accused Jane Street of manipulative transactions.
Evidence Disclosure
Jane Street
Seeking full disclosure of all documents.
SEBI
Issued an interim order based on its findings.
- Parties Involved
- Jane Street, SEBI, NSE, BSE
- Allegation
- Manipulative transactions involving local options and shares
- Jane Street's Response
- Denied allegations, stopped trading in India, filed appeal
- Revenue Impact
- India revenue dropped to 3% of total
- SEBI's Action
- Temporarily banned Jane Street from India's securities market
- Documents Sought
- Full inspection of related materials
- Global Revenue
- Jane Street's global net trading revenue in Q2 was a record $10.1 billion
Sources
Jane Street’s $10.1 Billion Trading Haul Sets Wall Street Record
Jane Street’s $10.1 billion trading haul sets Wall Street record
Jane Street’s $10.1 billion trading haul sets Wall Street record
Jane Street smashes records with $10.1 billion Q2 trading revenue: Report
US trading firm Jane Street files case against India markets regulator: Report
US trading firm Jane Street files case against SEBI, document shows
Jane Street drags SEBI to tribunal over market manipulation accusations
Jane Street moves SAT, files case against SEBI
Jane Street Officials To Meet Sebi Soon
Jane Street moves SAT against Sebi order, seeks full disclosure in index manipulation case
Jane Street files appeal in SAT, says SEBI withheld key documents
