Details of Jane Streets TopSecret $1 Billion Trade Emerge in Court Business Insider

Image for article Details of Jane Streets TopSecret $1 Billion Trade Emerge in Court Business Insider
News Source : Business Insider

News Summary

  • Hedge fund Millennium Management is accused of using a top-secret trading strategy Jane Street says two ex-employees pilfered
  • The strategy revolved around short-term options trading in India
  • The trade earned Jane Street $1 billion last year and was on pace to earn even more for the firm this year

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