POPA Recon#JaneStreet | Source
#JaneStreet | Source Jane Street suffers $15bn loss in July market ructions Main reason for the loss: Jane Street very rarely allocates capital to external fund managers. But this time they invested in Leopold’s Situational Awareness. The fund suffered massive losses and was forced to sell nearly its entire public portfolio to Citadel. + AI selloff. Also: Jane Street posted a record $39.6bn in net trading revenue last year. But, this year, despite the $15bn loss, its net trading revenue is already above $40bn year-to-date. —— JULY WAS A BAD MONTH, TRADING REVENUE WAS NEGATIVE FOR THE F…
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