New York-based trading firm Jane Street Group, LLC has expanded its market position by successfully diversifying into new asset classes and growing its client business. Jane Street has improved its capitalization, thanks to considerable equity generation and despite fast balance sheet growth. We revised the outlook to positive from stable and affirmed the 'BB-' issuer credit and senior secured debt ratings. The positive outlook reflects recent improvements in the company's capitalization and a strengthening business franchise, that, if sustained, could lead to a higher rating. On July 8, 2022, S&P Global Ratings revised the outlook on Jane Street Group LLC to positive from stable and affirmed the 'BB-' issuer credit and senior secured debt ratings. The positive outlook reflects recent