Revenue is swelling in a key part of JPMorgan Chase & Co.’s trading division as its teams stay engaged through violent price swings that have prompted some market players to pull back.
The bank’s equity derivatives traders have generated roughly $1.5 billion in revenue so far this year, according to a person with knowledge of the situation who asked not to be identified because the numbers are confidential. That’s almost what JPMorgan reported from all equity markets businesses in last year’s first quarter -- and at least twice what that derivatives desk usually earns, people familiar with the bank’s performance said.
