Finance
Market Maker IMC’s Trading Revenue Rises 40% on Volatility Surge
A canal running through central Amsterdam.
Photographer: Ksenia Kuleshova/BloombergIMC Global Holdings LLC saw net trading revenue surge 40% last year as the Dutch firm benefited from market volatility.
The Amsterdam-based market maker reported $3.12 billion of net trading revenue, according to its latest annual report. Net profit attributable to shareholders totaled $968 million, compared with $686 million in the prior year, while costs rose 35%.