The Securities and Exchange Board of India (SEBI) has lifted the trading ban on Jane Street, a prominent US-based quantitative trading firm. This decision follows a substantial deposit of $567 million made by the firm. Both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) have confirmed the resumption of Jane Street’s trading activities.

However, SEBI has mandated that both exchanges maintain heightened surveillance over Jane Street’s operations. This added scrutiny is a standard measure following a trading suspension of this magnitude and aims to ensure market integrity and stability. The details surrounding the initial ban haven’t been officially disclosed, but the swift resolution following the significant deposit suggests a quick resolution of any underlying concerns.

The return of Jane Street to the Indian markets is significant, considering its established presence and trading volume within the country. Its re-entry will likely have a notable impact on market liquidity and overall trading activity.