Jane Street seeks Sebi nod to remove trading ban after depositing Rs 4,843 crore

Jane Street, an American quant trading firm, deposited approximately Rs 4,843.58 crore into an escrow account. Following this deposit, the firm has formally requested the Securities and Exchange Board of India (SEBI) to lift the ban imposed on its trading activities in Indian securities. SEBI acknowledged the deposit and confirmed Jane Street's request to remove certain restrictions.