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DoesntMatter22 17 hours ago

Not profit then at all is it? As I said

phil21 8 hours ago | parent [-]

It’s trading profit. No one is counting their gains from a trade while including their rent into it.

It’s a much easier to understand metric when you are discussing losses on a trade. No one is calculating losses including salaries.

It means Jane Street is still highly profitable in trades this year despite making a bad bet. If they have overhead that eclipses that, that is an entirely different metric.