Citadel Securities Posts Record $3.4 Billion Quarterly Revenue

Citadel Securities reported record profit and trading revenue in the first three months of the year, buoyed by market volatility that’s continued since President Donald Trump took office.

The market-making giant posted $3.4 billion in net trading revenue in the first three months of the year, up roughly 45% from the same period last year, according to people familiar with the matter. Net income surged 70% to $1.7 billion, the people said, asking not to be identified discussing private information.