Surprisingly—it all started with a lawsuit in the U.S.
Earlier this year, Jane Street sued another Wall Street giant, Millennium Management, accusing them of stealing a trading strategy. That lawsuit made headlines globally… and caught SEBI’s attention. 👀
Curious, SEBI decided to take a closer look at Jane Street’s activity in India. What they found?
A pattern of intraday manipulation and marking the close—a sophisticated strategy used on Bank Nifty expiry days.
📊 One day alone: ₹735 crore in profits.
Total gains estimated: ₹36,500 crore over 2 years.
💣 SEBI acted fast:
Banned Jane Street from Indian markets
Seized ₹4,800 crore in alleged unlawful gains
And may be preparing for more investigations into other foreign quant firms…
But this isn’t over. Jane Street may appeal SEBI’s order, and the courts will ultimately decide how this saga ends.
🎥 Want to know the exact strategy they used and how it impacted Indian retail traders?
👉 Watch the full reel to find out what really went down.
[JaneStreet, SEBI, StockMarketScandal, MarketManipulation, FuturesAndOptions, BankNifty, AlgoTrading, RetailInvestors, WallStreetVsDalalStreet, IndianMarkets, SEBICrackdown, FinfluencerIndia, FinanceReels, OptionsTradingIndia]