India's securities regulator barred U.S. trading company Jane Street from the local securities market, saying an investigation found it manipulated stock indices through positions taken in derivatives.

The Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India's securities market, according to an order posted on the regulator's website on Friday.The order stated that the American trading firm's "entities are restrained from accessing the securities market and are further prohibited from buying,

The U.S. trading firm’s entities are “further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”