Citadel Securities posts record $7.3bn trading revenue
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.
Citadel Securities reported a record $7.3 billion in trading revenue for the second quarter, according to Bloomberg. The Miami-based firm's revenue more than tripled compared to the same period last year, while its net income surged more than 250% to $3.3 billion. Ken Griffin, the company's founder, did not provide any comment on the matter.
This exceptional performance underscores the lucrative trading environment faced by major quantitative market-making firms during the second quarter. Citadel Securities faces competition from companies such as Jane Street Group, Hudson River Trading, and Susquehanna International Group, several of which have also announced strong financial results this year.
Hudson River Trading, for instance, generated $11.4 billion in trading revenue during the second quarter, which is more than four times its revenue from the same period a year earlier. Jane Street had already surpassed its full-year 2025 revenue of $39.6 billion by mid-August, despite incurring an estimated $15 billion loss in July.
Written by urgent.news from Hedgeweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
