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Jane Street’s trading revenues virtually doubled final yr and boomed in the course of the tariff-induced turmoil of the primary quarter of 2025, as the corporate generated earnings rivalling these of Goldman Sachs and Morgan Stanley.
The group, which operates in fairness and stuck revenue markets, generated $20.5bn of internet trading revenues in 2024, up 94 per cent from 2023, in accordance to folks accustomed to the matter.
Trading ranges at Jane Street surged additional in the primary quarter, as Donald Trump’s tariff proposals unleashed chaos in markets.
The corporate expects to report internet trading revenues of about $7.2bn in the primary quarter, up more than 60 per cent from the identical interval a yr in the past.
The outcomes present Jane Street’s rising energy in world markets, because it elbows right into a enterprise as soon as dominated by conventional Wall Street heavyweights. The corporate earned $12.96bn of internet revenue final yr, up from $5.9bn in 2023.
Jane Street didn’t instantly reply to a request for remark.
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