Jane Street netted Rs 36,671 crore before SEBI's trading ban

Jane Street's action on existing positions will also be monitored until the regulator's investigation is finalised, SEBI’s order further said

SEBI, the market watchdog, barred Jane Street from access to the Indian markets on Friday. The regulator has banned the global fund after a detailed probe into alleged manipulations.

As per the interim order posted by SEBI on its official site, between January 2023 and March 2025, Jane Street recorded a total net gain of Rs 36,671 crore from its trading activities in Indian markets.

The firm earned a staggering Rs 44,358 crore from options trading, which formed the bulk of its profits. However, this was partially offset by significant losses in other segments—Rs 7,208 crore in stock futures, Rs 191 crore in index futures, and Rs 288 crore in the cash market.

Despite these setbacks, the overall trading performance remained highly profitable due to the outsized gains from the options segment.

Jane Street has not issued any statement so far. In its order, the market regulator said that it will "impound" $566.71 million. SEBI said that this amount was "unlawful gains earned" from the alleged manipulation.

"Entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly," the SEBI notice said, referring to Jane Street entities.

Jane Street's action on existing positions will also be monitored until the regulator's investigation is finalised, SEBI’s order further said.

Jane Street Group LLC is a global proprietary trading firm operating in the financial services sector. The firm employs over 2,600 professionals across five offices located in the United States, Europe, and Asia, and conducts trading activities in 45 countries worldwide.