Dutch high-frequency trader Optiver posted record profits during 2014, one of a number of high-speed trading firms to benefit from increased market volatility, and is in “growth mode”, according to its chief executive.
Optiver, headquartered in Amsterdam but with outposts in Chicago and Sydney, reported a 33% increase in its net trading revenues to €619.8 million for the year ended December 2014, according to a statement on Thursday. Net profit rose 41% to €246.9 million for the period.