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Jane Street Deposits $560 Million to Lift India Trading Ban

#jane_street #india #trading #ban #market_manipulation

Jane Street deposits $560mn in step to lift India trading ban - Financial Times

Jane Street Deposits $560 Million to Lift India Trading Ban

The New York-based trading firm, Jane Street, has made a move to lift the trading ban imposed by the Indian regulator. The company has deposited a whopping $560 million, in an effort to prove their innocence against the alleged market manipulation accusations. This ban was originally placed in response to a larger investigation into multiple trading firms in the country. However, Jane Street maintains their innocence and has taken this step to show their commitment to following ethical and legal trading practices. This deposit marks a significant step towards resolving the issue and allows for a potential lift on the trading ban.

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