IMC Financial Markets explained

IMC Trading
Trade Name:IMC Trading
Type:Private
Industry:Financial services
Location:Amsterdam, Chicago, Sydney and Mumbai
Area Served:Worldwide
Key People:Rob Defares (CEO and chairman)
Products:High-frequency trading, Market making
Num Employees:1,300[1]
Num Employees Year:2022
Income Year:2022
Net Income Year:2022
Equity Year:2022

IMC Financial Markets, sometimes referred to as IMC Trading, is a proprietary trading firm and market maker for various financial instruments listed on exchanges throughout the world.[2] Founded in 1989[3] as International Market makers Combination, the company employs over 1500 people and has offices in Amsterdam, Chicago, Sydney, Hong Kong, Mumbai and other places.

History

IMC was founded in 1989[4] by Rob Defares and René Schelvis,[5] [6] two traders working on the floor of the Amsterdam Equity Options Exchange.

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 is a technology-driven trading firm active in over 100 trading venues, offering liquidity to over 200,000 securities. IMC makes markets in the major exchange-traded instruments – equities, bonds, commodities, and currencies – on 100 exchanges worldwide and is a significant liquidity provider on the NYSE Arca, NASDAQ, CBOE, BATS, and CME exchanges.

External links

Notes and References

  1. Web site: IMC Trading . IMC Annual Report 2022 . IMC . 5 May 2023 . en . March 2023 .
  2. https://web.archive.org/web/20140519190413/http://www.reuters.com/article/2008/03/29/idUS40704+29-Mar-2008+PRN20080329 Reuters
  3. Web site: IMC - MarketsWiki, A Commonwealth of Market Knowledge.
  4. Web site: About us . IMC . 5 May 2023 . https://web.archive.org/web/20210802092954/https://www.imc.com/ap/about/ . 2 August 2021 . IMC was founded in 1989 by two traders working on the floor of the Amsterdam Equity Options Exchange. . live.
  5. News: Mosselman . Maarten . IMC founder Schelvis buys a new car . 5 May 2023 . Amsterdamtrader . 9 June 2010 . https://web.archive.org/web/20190817024411/https://www.amsterdamtrader.com/2010/06/imc-founder-schelvis-buys-a-new-car.html . 17 August 2019 . live.
  6. Web site: Homepage . Surmount Ventures . 5 May 2023 . https://web.archive.org/web/20230204135513/https://surmount.ventures/ . 4 February 2023 . 2020 . Rene Schelvis: ... Co-Founder of IMC . live.
  7. News: Wiet Pot Joins IMC As Co-CEO - Global Custodian . 5 May 2023 . Global Custodian . 31 March 2008 . https://web.archive.org/web/20230505125532/https://www.globalcustodian.com/wiet-pot-joins-imc-as-co-ceo/ . 5 May 2023 . live.
  8. Web site: Robert Defares . Forbes . 5 May 2023 . https://archive.today/20230505131046/https://www.forbes.com/profile/robert-defares/?sh=ca9888d6a3be . 5 May 2023 . en . 3 June 2018 . Defares is now the sole CEO of IMC after former Co-CEO Wiet H.M. Pot. left the board in September 2017. . live.