$TRUMP
$XAU
#KospiFallsAsAITradingEuphoriaCools #TaiwanTAIEXRetakes46500OnChipRally #CentralBanksBuy289TonsGoldInQ2 #NvidiaRises8.74%AfterEarnings #NvidiaRises8.74%AfterEarnings Citadel Securities achieves record revenues
Reached $7.3 billion
Citadel Securities recorded record trading revenues of $7.30 billion in the second quarter, benefiting from a surge in sharp market volatility that pushed its revenues to more than triple their level compared with the same period last year, according to a report published by Bloomberg. Net income for the market maker rose by more than 250% to reach $3.30 billion, supported by a notable expansion in high-touch stock trading, placing this non-bank firm in direct competition with major players on Wall Street, including Goldman Sachs Inc. and JPMorgan Chase & Co.
Handling large equity deals for hedge funds, asset managers, and pension funds was a key driver of growth, complementing the company’s core quantitative matching technology. In the next phase, Citadel Securities continues to expand its fixed-income operations, moving beyond interest-rate swaps and Treasury bonds to offer services to institutional investors trading corporate debt, starting with investment-grade bonds.
$XAU
#KospiFallsAsAITradingEuphoriaCools #TaiwanTAIEXRetakes46500OnChipRally #CentralBanksBuy289TonsGoldInQ2 #NvidiaRises8.74%AfterEarnings #NvidiaRises8.74%AfterEarnings Citadel Securities achieves record revenues
Reached $7.3 billion
Citadel Securities recorded record trading revenues of $7.30 billion in the second quarter, benefiting from a surge in sharp market volatility that pushed its revenues to more than triple their level compared with the same period last year, according to a report published by Bloomberg. Net income for the market maker rose by more than 250% to reach $3.30 billion, supported by a notable expansion in high-touch stock trading, placing this non-bank firm in direct competition with major players on Wall Street, including Goldman Sachs Inc. and JPMorgan Chase & Co.
Handling large equity deals for hedge funds, asset managers, and pension funds was a key driver of growth, complementing the company’s core quantitative matching technology. In the next phase, Citadel Securities continues to expand its fixed-income operations, moving beyond interest-rate swaps and Treasury bonds to offer services to institutional investors trading corporate debt, starting with investment-grade bonds.
