ANALYSIS: Non-bank market-makers in spotlight as revenue grows

22nd May, 2025

Radi Khasawneh
Connecticut GIG

An increase in activity by non-bank liquidity providers has caught the eye of international regulators as these firms' revenue has grown to nearly one fifth of traditional bank earnings from market-making, according to a new report.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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