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Jane Street seeks time from Sebi to respond to July 3 order

Business Standard

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July 29, 2025

US based high-frequency trading firm Jane Street has sought more time from the market regulator Securities and Exchange Board of India (Sebi) to respond to the watchdog's order dated July 3.

- KHUSHBOO TIWARI

The market regulator had given a 21-day period for the trading giant to respond to the allegations made in the ex-parte interim order which had directed impounding of around ₹4,843 crore of 'illegal gains'.

"We are engaging constructively with Sebi and have sought an extension to respond to the interim order issued on July 3," said a representative from Jane Street.

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