Tag

High Frequency Trading

All articles tagged with #high frequency trading

markets1 month ago•4 min saved

Jane Street’s 2025 surge reshapes market power in finance

Jane Street posted a record $39.6 billion in trading revenue for 2025 and about $31.2 billion in EBITDA, out-earning giants like JPMorgan and Goldman Sachs in trading profits and signaling a shift in market power as arbitrage-focused trading flourishes amid volatility; the piece notes the firm’s gains and compares its EBITDA to the top profits of well-known companies, underscoring the era of outsized returns for specialized trading firms.

via Financial Times|

#ebitda #high-frequency-trading #jane-street-capital

business10 months ago•12 min saved

Regulatory Crackdown Halts Jane Street’s India Operations Amid Market Concerns

India has taken a significant regulatory step against Jane Street, one of the largest high-frequency trading firms, accusing it of market manipulation and imposing a trading ban along with seizing assets, signaling a crackdown on sophisticated global traders and potentially impacting the booming Indian derivatives market.

via Bloomberg|

#business #high-frequency-trading #india

business1 year ago•3 min saved

Citadel Securities Appoints Microsoft Veteran to Tech Leadership

Citadel Securities has hired Herb Sutter, a C++ expert from Microsoft, to lead its C++ training initiatives. Sutter, recognized as a leading figure in the C++ community, will help Citadel's engineers and researchers enhance their proficiency in the language, which is crucial for the firm's trading systems. This move aims to improve system speed and reduce coding errors as Citadel expands into new markets. C++ is vital for high-frequency trading due to its low-level control over hardware and memory, offering speed advantages in competitive trading environments.

via Business Insider|

#business #c #citadel-securities

books-and-authors2 years ago•1 min saved

The Rise and Fall of Sam Bankman-Fried: Insights from Michael Lewis

Michael Lewis discusses his latest book, "Going Infinite: The Rise and Fall of a New Tycoon," which delves into the mind of FTX founder Sam Bankman-Fried. The book explores topics such as high-frequency trading, cryptocurrencies, philanthropy, bankruptcy, and the justice system. Lewis shares insights into the "story war" surrounding crypto advocates, those who lost money, prosecutors, defense attorneys, and other observers. He also addresses personal questions about his writing process and the impact of his daughter's death. The full conversation is available for streaming and download on various platforms.

via Barry Ritholtz|

#books-and-authors #cryptocurrencies #ftx

cryptocurrency2 years ago•1 min saved

"Michael Lewis Reveals Sam Bankman-Fried's Daily Half-Million Dollar Losses After Alameda Launch"

Sam Bankman-Fried, founder of Alameda Research and FTX exchange, reportedly lost millions of dollars in the early days of the trading firm. Bankman-Fried raised nearly $170 million from investors in the Effective Altruism community, intending to invest in the crypto markets. However, Alameda suffered significant losses, with over $500,000 lost daily for a month. Poor fund management and unsuccessful trading strategies contributed to the losses. The situation improved when Gary Wang and Nishad Singh joined the firm, implementing a successful quantitative trading system and managing the company, leading to the establishment of FTX.

via CoinDesk|

#alameda-research #crypto-markets #cryptocurrency