India's capital markets regulator, the Securities and Exchange Board of India (Sebi), has allowed Jane Street to resume trading after the US high-frequency trading firm deposited ₹4,840 crore in an escrow account last week, according to the Sebi release on Monday, 21 July 2025.
“Upon compliance with the directions in clause 62.1 (creation of escrow account with a lien marked in favor of SEBI, for an amount of INR 4,843,57,70,168/-), the directions stipulated in clauses 62.2, 62.3, 62.4, 62.5, 62.7, 62.8 and 62.10 of the interim order shall cease to apply,” said Sebi in the official statement.
In compliance with the interim order, a sum of ₹4,843.57 crore has been credited to an escrow account with a lien marked in favour of Sebi, the regulator said.
Sebi also said that they have directed the stock exchanges to closely monitor any future dealings and positions of JS Group on an ongoing basis to ensure that there is no manipulative activities.
"Jane Street has further requested Sebi that, following the creation of this escrow account in compliance with Sebi directions, certain conditional restrictions imposed under the interim order be lifted and that Sebi issue appropriate directions in this regard," the statement noted.
"This request is currently under examination by Sebi in accordance with the directions of the interim order," it added.
Why did Sebi ban Jane Street?
Earlier this month, on July 3, Sebi had barred Jane Street from buying and selling stocks in the Indian stock market as it alleged the US-based firm of manipulating Nifty and Bank Nifty indices.
Sebi alleged that Jane Street bought large quantities of constituents in the Bank Nifty index in the cash and futures markets to artificially support the index in morning trade, while simultaneously building large short positions in index options, which were exercised or allowed to expire later in the day.
The regulator had directed Jane Street to deposit the said amount to be able to resume trading in the Indian stock market.
According to media reports, Sebi was looking to expand its probe into Jane Street's activities in other bourses as well.
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