Key facts
- Trading firms generated $114 billion in revenue last year.
- Jane Street and Citadel Securities are expanding into traditional banking territory.
Trading firms, including prominent players like Jane Street and Citadel Securities, collectively generated $114 billion in revenue over the past year. These firms are increasingly encroaching on market segments traditionally dominated by investment banks. This expansion signifies a shift in financial market dynamics, with non-bank trading entities capturing significant revenue streams.