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© 2025 Jane Street Group, LLC. All rights reserved. Services are provided in the U.S. by Jane Street Capital, LLC and Jane Street Execution Services, LLC, each of which is a SEC-registered broker dealer and member of FINRA (www.finra.org). Regulated activities are undertaken in Europe by Jane Street Financial Limited, an investment firm authorized and regulated by the U.K. Financial Conduct Authority, and Jane Street Netherlands B.V., an investment firm authorized and regulated by the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten), and in Hong Kong by Jane Street Hong Kong Limited, a regulated entity under the Hong Kong Securities and Futures Commission (CE No. BAL548). Each of these entities is a wholly owned subsidiary of Jane Street Group, LLC. This material is provided for informational purposes only and does not constitute an offer or solicitation for the purchase or sale of any security or other financial instrument.|Jane Street and the concentric circle mark are registered trademarks of Jane Street.