Caixin: Rumors of Chinese Regulators Investigating Jane Street's Trading Patterns in China's ETF Market

Odaily News According to rumors, Chinese regulators are investigating Jane Street's trading patterns in China's ETF market. However, a person close to Jane Street stated: "We are unaware of these rumors and have no reason to believe they are true. These rumors should not be associated with Jane Street." This week, Jane Street, its co-founders, and two employees were accused of insider trading, fraud, and market manipulation. These actions were also alleged to have accelerated the $40 billion collapse of the TerraUSD (UST) stablecoin and its sister token Luna in 2022.

Founded in 1999, Jane Street is one of the world's largest proprietary quantitative trading firms. Its net trading revenue in 2024 exceeded $20 billion, with net profit approaching $13 billion. Unlike hedge funds, Jane Street does not accept external client funds, resulting in far lower disclosure obligations compared to traditional asset management institutions. This structure has long contributed to its aura of mystery. (Caixin)