Tag: Jane Street

Trading on a mobile
April 15, 2024 BY Robert Bell

Millennium Management Accused of Stealing a Trading Strategy

It seems likely to lead to a bitter court dispute. Jane Street Group has accused Millennium Management of using its in-house trading strategy. The roots of this dispute date back to earlier this year, when traders Daniel Spottiswood and Douglas Schadewald moved from Jane Street to Millennium. Both were heavily involved in creating the proprietary…

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