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Susquehanna reports UK profit surge

US-based high-frequency trading firm Susquehanna beats industry average with a near 50% rise in its UK revenues in 2010

Susquehanna International Securities, one of a clutch of secretive high-frequency trading firms, has reported a surge in revenues of almost 50% at its UK branch during 2010, beating the average performance of its peers over the period.

The firm generated revenues, which it describes as net trading gains, of $56.5m during 2010, according to accounts filed with Companies House last year. The figure was 49% higher than that reported in the previous period.

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