New Delhi/Mumbai, Feb. 10 -- Even as it battles India's market regulator, high-frequency trading (HFT) firm Jane Street has made its presence felt at the country's top institutes with marquee offers. The firm has hired students from Indian Institute of Technology (IIT) campuses and could once again emerge as their highest-paying recruiter. The New York-headquartered company has recruited students from the class of 2026 for its Hong Kong team, even as its dispute with the Indian regulator is set to be heard by the Securities Appellate Tribunal (SAT) this month.

"Jane Street has recruited from IIT-Bombay, Delhi and Madras," said an executive aware of the development.

HFT and quant firms hire candidates who can analyze markets using mathem...