POPA ReconJANE STREET TAKES $15 BILLION JULY HIT
JANE STREET TAKES $15 BILLION JULY HIT Jane Street lost about $15 billion in July as the AI selloff hit its exposure to Situational Awareness and other technology positions, Reuters reports. The firm has still generated more than $40 billion in trading revenue this year. Following the losses, Jane Street told employees it had significantly reduced risk in affected strategies and would become more selective. (@WalterBloomberg)
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