23 Leading Trading Firms Shaping Global Financial Markets
Traders at computer workstations
Trading firms utilize sophisticated algorithms and strategies to trade various financial instruments, including stocks, commodities, and currencies. While hedge funds trade for clients, proprietary trading firms use their own capital. As market makers, these firms provide essential market liquidity by facilitating large-volume trades.
Major trading firms in the global financial markets include:
Virtu Financial
- Market maker trading 25,000+ securities across 235+ venues
- Provides liquidity in equities, ETFs, and fixed income markets
- Offers technology and analytics services
DRW
- Executes 1 million trades daily
- 2,000 employees globally
- Specializes in ETFs, options, futures, and commodities
- Expanded into cryptocurrency and venture capital
Optiver
- Founded 1986 in Amsterdam
- 2,000 employees across 11 offices
- Provides liquidity in options, derivatives, equities, and bonds
Hudson River Trading
- Specializes in quantitative trading algorithms
- 800+ employees across 10 offices
- Trades multiple asset classes in 200+ markets
Two Sigma
- Manages $60+ billion in assets
- Uses AI and data science for trading
- 2,000+ employees in 7 global offices
Jump Trading
- Leverages AI and machine learning
- 1,500 employees in 12 offices
- Launched Jump Crypto in 2021
IMC Trading
- Trades 200,000+ securities in 100+ venues
- 1,500 employees across 9 offices
- Focuses on ETF and options markets
Jane Street
- Leading ETF market maker
- 2,600+ employees in 5 offices
- Active in equities, bonds, and options markets
Susquehanna International Group (SIG)
- 3,000+ employees
- Specializes in derivatives trading
- Trades across multiple asset classes including cryptocurrency
XR Trading
- Focuses on market making and automated trading
- Leaders in derivatives marketplace
- Active in futures, equities, and cryptocurrency markets
Tower Research Capital
- 1,000+ employees across 11 offices
- Specializes in high-frequency trading
- Uses automated and quantitative strategies
Flow Traders
- Provides liquidity to 2,000+ institutional counterparties
- 600+ employees in 10 offices
- Specializes in exchange traded products
Millennium
- $67.7 billion in assets under management
- Executes 10+ million trades daily
- 5,600+ employees across 18 offices
Other notable firms include Wolverine Trading, Belvedere Trading, Akuna Capital, Chicago Trading Company, 3Red Partners, DV Trading, Quantlab, Gelber Group, InCommodities, and Geneva Trading, each specializing in various market segments and trading strategies.