Jane Street yet to resume F&O trade: Sebi chief

Jane Street has not resumed trading in futures and options (F&O) since the Securities and Exchange Board of India (Sebi) lifted the bar imposed on July 3, said Tuhin Kanta Pandey, the regulator's chairman, in an interview with Business World.

- BS REPORTER

Pandey said that Sebi and exchanges are maintaining "aggressive surveillance" of the market since the regulator's order against the US-based trading company. He defended the decision to impose only a temporary ban on the company, noting that a permanent one without a show-cause notice or a final order would be "arbitrary and legally unsustainable."