All corrections
Wikipedia March 17, 2026 at 06:09 PM

en.wikipedia.org/wiki/Jump_Trading

2 corrections found

1
Claim
Bill Disomma
Correction

The co-founder’s surname is misspelled here. Authoritative sources spell his name Bill DiSomma, not Bill Disomma.

Full reasoning

Authoritative sources spell Jump Trading’s co-founder’s name Bill DiSomma.

  • The University of Illinois’ Entrepreneurship at Illinois profile for Jump Trading lists the founders as Bill DiSomma and Paul Gurinas.
  • A 2025 SEC Schedule 13D filing also names him William DiSomma and identifies him and Paul Gurinas as the co-founders and ultimate beneficial owners of Jump Trading Group.

Because both sources use DiSomma, the article’s spelling Disomma is incorrect.

2 sources
2
Claim
In May 2018, Jump was fined $250,000 by the U.S. Securities and Exchange Commission (SEC)
Correction

This fine was not imposed by the SEC in May 2018. Official records show it was a NYSE Chicago disciplinary action that was resolved on September 12, 2019.

Full reasoning

Official disciplinary records contradict both the regulator and the timing stated here.

  • FINRA BrokerCheck’s report for Jump Trading, LLC lists the matter as initiated by NYSE Chicago, Inc., not the SEC.
  • The same record shows the matter’s resolution date was September 12, 2019, with sanctions including censure and a $250,000 fine.
  • BrokerCheck also states the underlying incident occurred on May 4, 2018, when an algorithm malfunction accumulated large positions and caused the firm to fall out of compliance with net capital requirements. That means May 2018 was the date of the incident, not the date the fine was imposed.

So the article’s wording is incorrect in two ways: it attributes the fine to the SEC instead of NYSE Chicago, and it says the firm was fined in May 2018 even though the disciplinary action was resolved in September 2019.

2 sources
Model: OPENAI_GPT_5 Prompt: v1.16.0