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IMC Financial Markets

Electronic trading platform From Wikipedia, the free encyclopedia

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IMC Financial Markets, often referred to as IMC Trading, is a proprietary trading firm and market maker headquartered in Amsterdam, Netherlands.[3] Founded in 1989 as International Marketmaker's Combination,[4] the company employs over 1,600 people across offices in Chicago, Amsterdam, Sydney, Mumbai, Zug, Seoul, London, New York, and Hong Kong.[2]

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History

IMC was founded in 1989 by Robert Defares and René Schelvis,[5] two traders working on the floor of the Amsterdam Equity Options Exchange.[6]

In 2008, Wiet Pot joined as co-CEO alongside Defares.[7] Pot left the board in September 2017, leaving Defares as sole CEO.[8]

Trading

IMC operates as a proprietary trading firm and market maker across multiple asset classes, including equities, bonds, commodities, and currencies, on over 90 exchanges worldwide.[2][9] The firm provides liquidity for more than 200,000 securities and maintains a significant market presence on major U.S. exchanges including NYSE Arca, NASDAQ, CBOE, BATS, and CME Group.[10] IMC's trading strategies include market making, algorithmic arbitrage, and statistical arbitrage.[10]

In 2014, the firm acquired Goldman Sachs' Designated Market Maker (DMM) trading rights on the New York Stock Exchange, becoming the DMM for more than 630 securities and approximately 400 operating companies.[11] IMC is a top-three liquidity provider by volume in listed options globally and serves as a lead market maker for more than 150 exchange-traded funds in the United States.[12]

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References

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