Ex-Jane Street trader pillories claims he stole trade secrets
Wed, Apr 24, 2024 12:12 PM

Ex-Jane Street trader pillories claims he stole trade secrets

A Flip by Shubhangi Gupta
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Former Jane Street Group trader who moved to Millennium Management ridiculed his former employer’s claims that he used its secret strategy to make a killing at his new job in India’s options market. In a signed statement, Schadewald denied using Jane Street’s strategies or any of its confidential IP and said his name was being smeared “to try to prevent me from doing honest work for a competitor.”

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