About

About 3Jane Technologies

3Jane Technologies, formerly 3Jane Capital, is a proprietary high frequency trading firm based in Cyprus and Lisbon. We trade our own capital, mostly on Binance, through market making, arbitrage and exchange liquidity rebates.

$8 billionPeak monthly trading volume
100 millionTrades per month

The business

We trade only the company's own assets. We have no clients or investors, and we don't sell our software. Everything we build serves one user: our own trading.

Arbitrage

Arbitrage trades price differences between markets. If EUR costs 1.05 USD on one exchange and 1.06 USD on another, buying at 1.05 and selling at 1.06 earns 0.01. Arbitrage keeps the prices of similar assets aligned across markets.

Market making and rebates

A market maker lets traders buy and sell whenever they want. On maker trades, the exchange charges us no fee and pays us part of the fee it collects from the counterparty. Done fast and often, this reaches 100 million trades a month.

History

  1. November 2016: Eugene Tartakovsky founds the company.
  2. July 2018: Alexander Temchenko joins as co-founder and CTO.
  3. March 2020: Our paper on return autocorrelation in crypto markets appears on arXiv.
  4. May 2020: Eugene publishes the guide to bootstrap methods.
  5. August 2021: Hummingbot publishes its Community Spotlight interview with Eugene.
  6. May 2022: Work starts on the Java trading engine built on Chronicle.
  7. December 2022: 3Jane Technologies Ltd is incorporated in Nicosia, Cyprus.

What we built

Research

A fixed pipeline from market data to features, event labels, purged cross-validation, backtests and Kelly-based position sizing. The common thread is care with time-dependent data. Read more in quantitative research.

Execution systems

We started on Hummingbot, moved to our own event-driven Python runtime and then built a Java engine on Chronicle Services. Its hot path runs at 120 microseconds at the 99.99th percentile. Read more in trading technology.

Market data

A research library normalizes orders, trades, fees and rewards into comparable history. An instrument service gives every market one stable identity and keeps its current trading rules.

The people

Eugene Tartakovsky
Co-Founder and CEO

Eugene Tartakovsky

Eugene is co-founder and CEO of 3Jane Technologies and leads the business side. His work covers international legal structures, business development and quantitative research.

Read the biography
Alexander Temchenko
Co-Founder and CTO

Alexander Temchenko

Alexander joined as co-founder and CTO in 2018 and led development of the trading infrastructure: a low-latency Java trading system, order and execution management, the strategy framework and the deployment pipeline. He also developed the firm's arbitrage trading strategies.

Read the biography

The paper's co-authors were Ksenia Plesovskikh, Anastasiia Sarmakeeva and Alexander Bibik. We build on Hummingbot, Chronicle, Amazon Web Services and CryptoStruct.

Public work