Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Jane Street hires Khaitan in Sebi case
Mint Chennai
|July 14, 2025
Jane Street, US-based high-frequency trader (HFT) has hired top law firm Khaitan & Co. to defend itself in the case of alleged index manipulation, two people aware of the matter said.
Securities and Exchange Board of India (Sebi) alleged in an interim order last week that Jane Street had manipulated the Bank Nifty and Nifty indices over two years by taking outsized trading positions, relative to other market participants, in their cash and derivatives constituents.
According to the regulator, this enabled Jane Street to make unlawful profit of ₹4,844 crore from trades in weekly Bank Nifty and Nifty options.
"The HFT is very close to closing the loop and is expected to pay the amount as asked by Sebi," said a senior executive aware of the development.
Khaitan and Jane Street did not respond to Mint's queries late on Sunday night.
Diese Geschichte stammt aus der July 14, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
HC to hear Apple's plea on fine in Dec
Apple is challenging the new penalty math formula in India's competition law.
1 min
November 27, 2025
Mint Chennai
India’s labour reforms promote inclusion as well as productivity
The codes are designed to work in the interests of our workforce while supporting economic growth
3 mins
November 27, 2025
Mint Chennai
Flexi-cap funds in focus as smids falter
A silent pivot
3 mins
November 27, 2025
Mint Chennai
States to raise more debt from market
State borrowing through state development loans (SDLs), which had briefly eased in October after a surge earlier in the year, rose again in November as several major states returned to the market with large auctions, according to the latest Reserve Bank of India (RBI) data.
1 mins
November 27, 2025
Mint Chennai
Sebi eases adviser, analyst's norms
Markets regulator Sebi has relaxed the educational qualification criteria for Investment Advisers (IAs) and Research Analysts (RAs), allowing graduates from any discipline to apply for registration.
1 min
November 27, 2025
Mint Chennai
Fintechs turn fund magnets with cross-border licensing
Funders see growth prospects in central bank's payment aggregator-cross border licensing
3 mins
November 27, 2025
Mint Chennai
Uber India valuation surges amid battle with Ola, Rapido
November funding values shares 41% higher than the previous round in May 2023
2 mins
November 27, 2025
Mint Chennai
MO Alternates launches its maiden private credit fund
The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions
3 mins
November 27, 2025
Mint Chennai
Taxpayer base soars, but return filings lag sharply: CBDT data
India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).
1 min
November 27, 2025
Mint Chennai
A new wave of FDI could help the country stare down uncertainty
India-bound investments in future-focused sectors could favour faster economic growth amid shifting geopolitical dynamics
4 mins
November 27, 2025
Listen
Translate
Change font size