The Securities and Exchange Board of India had on July 4 barred Jane Street from trading in Indian markets, alleging the firm manipulated stock indexes through its derivatives positions

HONG KONG] Jane Street Group is expected to argue that its controversial Indian options trades were a response to outsized demand from retail investors, sources familiar with the matter said. Read more at The Business Times.

Jane Street sought extension because it needs more time to rebut the allegations about its trades, a source aware of the matter said on condition of anonymity as they are not auth

U.S. trading firm Jane Street said on Monday it has sought an extension to respond to an interim order from India's markets regulator alleging it manipulated securities markets.