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A comment on Understanding Jane Street. Parent comment

Re:Understanding Jane Street by nly on Tuesday August 02, 2022 @03:51AM (#32316140)
They'll have their cost centers in places like NY and London incorporated separately, making consistent losses, and then the arm doing actual trading will be in Bermuda or somewhere with 0% business tax.
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Re:Understanding Jane Street by red2awn on Tuesday August 02, 2022 @06:24AM (#32316997)
Under this structure, how are trading profits shifted to the cost centres to pay for operating expenses?
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Re:Understanding Jane Street by JonChesterfield on Tuesday August 02, 2022 @07:31AM (#32317328)
Licensing IP would probably do it. Oh, the other direction - just make some returns in the place with operating costs.
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