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Published 13 days ago

Details about Jane Street's top secret, $1 billion trade revealed in court

Summary by Business Insider
Jane Street officeJane StreetJane Street is suing two former traders and Millennium over a highly lucrative trading strategy.Jane Street aimed to keep details of the trade top secret, heavily redacting its complaint.Details about the trade, including the country it involves, were revealed in court Friday.Proprietary trading firms obsess over and are accustomed to an extraordinary level of secrecy — something that doesn't hold up well in open cou…

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Business InsiderBusiness Insider

Details about Jane Street's top secret, $1 billion trade revealed in court

Jane Street officeJane StreetJane Street is suing two former traders and Millennium over a highly lucrative trading strategy.Jane Street aimed to keep details of the trade top secret, heavily redacting its complaint.Details about the trade, including the country it involves, were revealed in court Friday.Proprietary trading firms obsess over and are accustomed to an extraordinary level of secrecy — something that doesn't hold up well in open cou…

13 days ago·United States
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