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Citadel Securities posts record $7.3bn trading revenue

hedgeweek

1 month ago

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Citadel Securities generated a record $7.3bn in trading revenue during the second quarter as heightened market volatility created a lucrative environment for the world’s largest electronic market makers, according to a report by Bloomberg.
The report cites an unnamed person familiar with the results as saying that the Miami-based firm’s quarterly trading revenue more than tripled from a year earlier, while net income jumped more than 250% to $3.3bn.
Citadel Securities, founded by Ken Griffin, re...

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