Jane Street, which has been accused of market manipulation by Indian authorities, has deposited $567 million in escrow accounts which will allow the U.S. firm to resume trading, sources with knowledge of the matter said on Monday.
Jane Street does not intend to trade in Indian options, said one of the sources.
“The money has been deposited in good faith. The firm continues to contest the order and will send a formal response rebutting the allegations in coming weeks,” said the second source.
Both sources were not authorised to speak to media and declined to be identified.
Jane Street did not immediately respond to a Reuters request for comment.
Reuters
