Full-Time
Posted on 9/23/2025
High-frequency trading and crypto infrastructure provider
$300k/yr
Chicago, IL, USA + 1 more
More locations: New York, NY, USA
In Person
Sponsorship for work visas available; CPT/OPT eligibility for international students.
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Jump Trading runs high-frequency trading and market-making in global financial markets, and its Jump Crypto subsidiary builds the crypto infrastructure used for trading and using digital currencies. It relies on fast, automated trading that executes many orders to profit from small price differences, while Jump Crypto develops the systems and software that support reliable crypto buying, selling, and usage. The company stands out by combining rigorous research from math, physics, and computer science with a global client base of institutional investors and a cross-over presence in traditional and crypto markets. Its goal is to improve market liquidity and access to digital assets by providing sophisticated trading solutions and sturdy crypto infrastructure.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$300M
Headquarters
Chicago, Illinois
Founded
1999
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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
The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.
Terraform Labs sues Jump Trading for $4B over alleged $1B profit from Terra collapse. Terraform Labs is suing Jump Trading for $4B over alleged market manipulation and hidden deals tied to Terra's downfall. Terraform Labs' court-appointed administrator has sued Jump Trading for secretly supporting the TerraUSD stablecoin, misrepresenting its stability, and profiting from the ecosystem's collapse. As a result, Todd Snyder is seeking $4 billion in damages from the firm's co-founder, William DiSomma, and Kanav Kariya, a former intern who later became president of its crypto-trading business. Details from the case. A Wall Street Journal report reveals that the case was filed on Thursday in the U.S. District Court for the Northern District of Illinois, Eastern Division. The lawsuit accuses Jump of unlawfully profiting from its relationship with Terraform while investors suffered losses. The SEC has previously stated in court filings that the company made approximately $1 billion in gains by selling Luna, Terraform's sister token. Snyder said Jump "actively exploited the Terraform Labs ecosystem through manipulation, concealment, and self-dealing," calling the lawsuit a necessary step toward accountability for what he described as the largest collapse in crypto history. The complaint details that as early as 2019, the two firms entered into secret agreements that allowed Jump to purchase millions of Luna tokens at prices far below market value. In one deal, it allegedly bought the cryptocurrency for 40 cents per coin, later selling when prices exceeded $110. The trading company is also accused of entering into a confidential "gentlemen's agreement" to help maintain TerraUSD's dollar peg, an arrangement the lawsuit says was concealed to avoid regulatory scrutiny. In May 2021, TerraUSD briefly slipped below its $1 peg before recovering after Jump allegedly intervened by purchasing the stablecoin, while publicly crediting the rebound to Terraform's algorithm. In the aftermath, the case says the company also renegotiated its contracts to remove vesting requirements, which allowed it to receive and sell Luna tokens freely on the open market. You may also like: After the formation of the Luna Foundation Guard, the complaint further claims that nearly 50,000 Bitcoin were transferred to Jump during the May 2022 crisis without any written agreement. It also alleges that DiSomma contacted other trading firms in search of bailout funding, actions that are said to have fast-tracked Terraform's collapse. Jump denies accusations. Jump has since denied the allegations. "This is a desperate attempt by Terraform Labs to shift blame and financial responsibility away from the crimes that Do Kwon committed," a company spokeswoman said, adding that it plans to defend itself against the 'baseless claims.' Terraform collapsed in 2022 after its stablecoin lost its dollar peg, which sent Luna to near zero and wiped out roughly $40 billion in value. The firm later filed for bankruptcy in January 2024 and agreed to pay about $4.5 billion to settle with the SEC, while founder Do Kwon was sentenced last week to 15 years in prison after pleading guilty to criminal charges. SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
As Jane Street and other prop trading firms expand in APAC, these are the new faces and new teams. Prop trading firms like Jane Street and Hudson River Trading have cemented themselves as Wall Street staples in recent years, posting record trading revenues and competing with banks that have headcounts many multiples larger than theirs. The top firms, many of whom already have a presence in APAC, have been building out their teams in the region. Hong Kong: Jane Street is scaling up. The most notable scale-up in Hong Kong is Jane Street, a market leading prop trader which has 400 people in Hong Kong. In April, the firm was reported to have been expanding to over 110,000 square feet of office space in the region, moving from 2.5 floors to 6 floors of office space. It could expand to 1,200 people as a result. Jane Street's Hong Kong hires in 2025 include multiple recruiters, indicating more arrivals are on the horizon. Andrea Qi joined in April from Goldman Sachs, where she was a VP, while Arlene Wu joined in February after working in business development at Segantii Capital. Jane Street's Hong Kong trading hires usually join after converting an internship. Graduates joining in 2025 have studied at various schools including Oxford, the National University of Singapore and HKUST. Other trading firms are expanding in Hong Kong too; IMC Trading announced that it had expanded its own office space in the country just last month. Hires in the city have been sparse so far this year, but it hired quant researcher Chuanyou Li in July; he relocated from Chicago, where he was a quant at Jump Trading. There are only four current Hong Kong openings, mostly focused on commodities trading. Jump Trading is expanding its own Hong Kong teams. Zoey Zhao, a former Citadel Securities quant, is continuing to hire in Hong Kong for her low/mid-frequency statistical arbitrage trading team. Job listings describe the team as "successful [and] global." Singapore: big recruitment hire. Hudson River Trading, said at the end of 2024 that it expanded both its Singapore and New York offices, but even HRT has hired sparingly in 2025. It brought in DRW's APAC lead for HR and talent acquisition, Ipsita Swain, in July and has added a handful of middle office and core development staff. Australia: Optiver and qube are hiring. Australia is a growing space for trading staff that prop firms have occupied for years. Optiver, for example, already had over 400 staff in Sydney at the time it completed its transition into a new office in the City this July. Hiring for Optiver in 2025 has been mostly done at intern and graduate level in Sydney, but it has also been hiring both campus and experienced-level recruiters. Multiple graduate hires previously interned with Jane Street in Hong Kong. Other firms operating in the city include IMC Trading and Susquehanna. The quant trading space in the region is still fairly nascent, but other firms outside of prop trading are helping it grow. Qube Research & Technologies, one of the fastest rising quant hedge funds, opened a Sydney office at the end of 2024 and has been hiring from trading firms, including IMC and Optiver. India: everyone is hiring! India's quant trading space is maturing, not least because of the high profile dispute between Jane Street and Indian regulator SEBI. Firms are growing their offices across the country. Optiver opened a Mumbai office last year and has since hired just under 50 employees in the city. The most senior people have been relocated rather than hired in; Gidon Jones, a partner at the firm, moved to the office from Shanghai and runs its Indian high-frequency trading team. Sahil Bahid, formerly based in London, became the firm's Indian head of index options trading in January. Senior hires often come from banking; Sankalp Malpani, formerly a Goldman Sachs VP, joined as an FPGA engineer in July while Anasua Chatterjee, an ex-Bank of America VP, joined its risk management team in June. Citadel Securities, meanwhile, is growing an office in Gurguram. It hired ex-HSBC trader Suneet Kumar as its head of trading for India earlier this year. Multiple trading firms, including Jump Trading and Tower Research, are reportedly opening offices in GIFT (Gujarat International Finance-Tec) City, although this appears to be influenced more by the more lax tax policy in the region rather than for its talent. More trading firms are thought to be weighing up a move to the city. China: virtu and others. A few electronic trading firms are also looking to build out in China, most notably Citadel Securities. The market maker is in the process of setting up a brokerage business there and is hiring local talent to do so, but has focused on junior hires to begin with. Virtu Financial a publicly traded high-frequency trading firm, is also weighing up a move into China. Both firms are doing so after Chinese authorities were reported to be weighing up giving western market makers access to its ETF market. Huge teams in China are a while away for most firms, but it's still an area to keep an eye on. Have a confidential story, tip, or comment you'd like to share? Contact: WhatsApp: http://wa.me/442079977910 (+44 20 7997 7910), Telegram: @AlexMcMurray, Signal: @AlexMcMurrayEFC.88 Click here to fill in our anonymous form, or email [email protected]. Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate. 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Through pax.world, Metameet offers an interactive, open, gamified metaverse platform accessible on mobile, desktop, and virtual reality devices. Following the recent $5.8 Million seed and private round investment, the startup has also obtained investment from BOLD Capital Group whose Chairman Denis J. Gallagher joins the startup as a Board member.
In addition to the Firedancer developed by Jump Trading entering the deployment process, at this New York Solana Conference, the Alpenglow consensus agreement of Anza team won the first place and attracted the attention of the audience.