Widening Gap in Electronic Market-Making: Jane Street vs Flow Traders

  • 📰 FT
  • ⏱ Reading Time:
  • 33 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 51%

Finance أخبار

Jane Street,Flow Traders,Electronic Market-Making

The latest financial results show a significant gap between Jane Street and Flow Traders in the world of electronic market-making. While Flow Traders reported a decline in net trading revenue, Jane Street generated over $10bn of net trading revenues last year.

Rupak Ghose is formerly a financials research analyst at Credit Suisse and head of corporate strategy at ICAP/NEX. The latest spate of financial results illustrate a widening gap in the world of electronic market-making. Two firms that were once direct peers — Jane Street and Flow Traders — are now as far apart as Amazon and Poundland.

Both were founded roughly two decades ago — Jane Street in New York around 1999 and Flow Traders in Amsterdam in 2004 — and for a while they were seen as each others main competitors in the burgeoning ETF industry, where they are both prominent market-makers. But slowly the gap got bigger and bigger . . . and bigger. Last week Flow Traders reported that net trading revenue declined 35 per cent year-on-year to €300mn in 2023, while loan docs obtained by Bloomberg indicate that Jane Street churned out another $10bn-plus of net trading revenues last year. That naturally caused a lot of shock, some disbelief and plenty of seething env

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 113. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

I tried Renshaw Street Food Market and didn’t want to leaveI’m being serious - I would camp out there if I could
مصدر: EchoWhatsOn - 🏆 74. / 59 اقرأ أكثر »