24/4/2025, 5:16:02 pm

Jane Street’s $20.5 billion trading haul tops Citi and BofA

Jane Street Group LLC achieved a record $20.5 billion in net trading revenue in 2024, surpassing Bank of America and Citigroup. The firm, which expanded into ETFs, stocks, and bonds, expects Q1 2025 revenue to reach $7.1-7.2 billion, a 60% increase. It sold $1.35 billion in bonds to fuel growth, with significant market shares in equities and ETFs.