Jump Trading

Jump Trading

High-frequency trading and market-making services

About Jump Trading

Simplify's Rating
Why Jump Trading is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Rating Differentiation

Industries

Crypto & Web3

Quantitative Finance

Financial Services

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Chicago, Illinois

Founded

1999

Overview

Jump Trading specializes in high-frequency trading and market-making in financial markets, with a focus on cryptocurrency through its subsidiary, Jump Crypto. Their products involve advanced systems and technologies that facilitate the trading of digital currencies like Bitcoin and Ethereum. By utilizing expertise in Mathematics, Physics, and Computer Science, they enhance the efficiency of financial transactions. Unlike many competitors, Jump Trading emphasizes a combination of rigorous research and technology to serve a diverse clientele, including institutional investors and hedge funds, across major global financial centers. Their goal is to lead in financial innovation, particularly in the cryptocurrency sector, by providing sophisticated trading solutions and improving market liquidity.

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Simplify's Take

What believers are saying

  • Increased DeFi interest boosts demand for Jump's trading algorithms and market-making.
  • Quantum computing rise offers Jump opportunities in secure trading technology innovation.
  • Machine learning adoption enhances Jump's predictive analytics in algorithmic trading models.

What critics are saying

  • TXSE's advanced technology may pressure Jump's U.S. market share.
  • Fracture Labs' lawsuit could harm Jump's reputation and incur financial penalties.
  • Kanav Kariya's resignation amid CFTC investigation may cause leadership instability.

What makes Jump Trading unique

  • Jump Trading excels in high-frequency trading and market-making across global markets.
  • The firm leverages advanced research in Mathematics, Physics, and Computer Science.
  • Jump Crypto focuses on building next-gen crypto infrastructure, enhancing digital currency trading.

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Funding

Total Funding

$300M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Medical, dental and vision insurance

Group Term Life and AD&D Insurance

Paid vacation plus paid holidays

Retirement plan with employer match

Paid parental leave

Wellness Programs

Company News

PR Newswire
Jan 31st, 2025
Texas Stock Exchange Files Form 1 Registration To Operate As A National Securities Exchange

TXSE Group Inc closes its initial capital raise at $161 million, making it the most well-capitalized exchange to ever file a Form 1DALLAS, Jan. 31, 2025 /PRNewswire/ -- TXSE Group Inc announced today that the Texas Stock Exchange LLC (TXSE) has filed its Form 1 registration with the U.S. Securities and Exchange Commission (SEC).TXSE is one of the only fully integrated exchanges to file for SEC approval in the past 20 years. Its filing proposes trading, listings of corporate issuers and ETPs, auctions, and a range of data products.TXSE's goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public. TXSE is also well underway in building an order matching engine that leverages the latest technology to deliver predictable performance, low latency, and speed comparable to that of the world's top-performing markets.TXSE will continue to work with the SEC on the approval of its registration. If granted, TXSE intends to launch trading in early 2026, with listings by the end of the same year."Today marks another milestone in our journey to make the Texas Stock Exchange a reality," said James H Lee, founder and CEO of TXSE Group Inc

Bloomberg
Jan 31st, 2025
Texas Stock Exchange Raises $161 Million, Sees 2026 Trading Start

TXSE Group Inc., parent company of the proposed Texas Stock Exchange, closed its initial fundraising round at $161 million and said the TXSE has filed for registration as a bourse with the US Securities and Exchange Commission.

The Rio Times
Jan 9th, 2025
New Brazilian Exchange A5X Gains Major International Shareholders

A5X, Brazil's new derivatives and futures exchange, has secured five international shareholders. IMC Trading, Jump

Crypto Daily
Oct 17th, 2024
Pump, Dump, and Jump: Trading Firm Faces Lawsuit Over Token Manipulation

Fracture Labs, the developer behind the online game Decimated, has filed a lawsuit against Jump Trading, accusing the market maker of engaging in a pump-and-dump scheme involving its DIO token.

Fintech News Singapore
Jul 15th, 2024
Temasek-backed Partior Ledger Expands Following US$60M+ Series B Investment

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors.

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