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Jane Street Capital seeks to resume trading in India after depositing $650M, under SEBI review.
American trading firm Jane Street Capital has deposited around Rs 4,843.50 crore ($650 million) in an escrow account and asked India's market regulator, SEBI, to allow it to resume trading in Indian stock markets.
SEBI imposed an interim order on Jane Street, accusing the firm of index manipulation and impounding the funds as alleged illegal gains.
Jane Street's request is under review, and the company has not waived its right to further legal action.
If SEBI allows trading to resume, it would be after verifying the deposit and lifting certain restrictions.
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Jane Street Capital busca reanudar el comercio en la India después de depositar $ 650M, bajo la revisión de SEBI.