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Jane Street suffers $15B hit after meltdown at Situational Awareness
31–40 of 134 posts
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#32[flagged]
They trade stocks quickly with computers.
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#33If SA's losses were around $30B does that mean Jane Street owned half?
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#34They're still up $25B for the year, so it's hard to feel bad for them :-) On a more serious note, Jane Street has hired some very impressive technical talent. I'd work for them, myself, if I didn't have to relocate to Chicago.
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Knock it off. These sorts of responses are uncalled for. Please review the HN Guidelines.
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#35They're still up $25B for the year, so it's hard to feel bad for them :-) On a more serious note, Jane Street has hired some very impressive technical talent. I'd work for them, myself, if I didn't have to relocate to Chicago.
Their nerd sniping is top notch. I almost accidentally applied for a job with them.
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#36Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#37[flagged]
AFAIK they’re like a hedge fund with quants that trades its own money. In fact, most people (everyone?) who works there is a quant. It’s the only way they trade. They are extremely profitable. Of course you can Google this and get a more accurate picture. I know them as the most famous OCaml shop.
Personally I have mixed feelings about what they do. The engineer in me used to root for them. The way they operate as a pure tech shop was very refreshing in the hedge fund/traditional finance world (crypto world is the opposite). But the trader in me now abhors how they make their money, that is arguably at the expense of retail traders.
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#38If SA's losses were around $30B does that mean Jane Street owned half?
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Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#39What is Jane Street doing these days? Still HFT MM?
Re: Jane Street suffers $15B hit after meltdown at Situational Awareness
#40They're still up $25B for the year, so it's hard to feel bad for them :-) On a more serious note, Jane Street has hired some very impressive technical talent. I'd work for them, myself, if I didn't have to relocate to Chicago.
I don't think they even have a Chicago office, so it's good you didn't relocate there. They're based in New York.