The Indian markets regulator's ban on Wall Street trading giant Jane Street has squeezed volumes in the country's options market, but traders expect activity to snap back as larger investors step in.

India's top stock exchanges, NSE and BSE's market prospects have suffered following regulatory actions which includes Jane Street ban.

As US-based quant trading giant Jane Street faces mounting regulatory pressure in India, a deeper look into its corporate structure reveals that its local units are largely overseen by foreign executives, with only a handful of Indian personnel in operational roles.