Reported 13 days ago
Citadel Securities' Indian division has experienced substantial revenue and profit increases in its first year of operation, capitalizing on the growth of India's $4.6 trillion stock market. The company's total revenue reached 29 billion rupees ($344 million) with a net income of 14.68 billion rupees. While the success reflects a booming equity environment attracting major trading firms, upcoming regulatory measures may impact future growth, amid a recent decline in equity derivative activity.
Source: YAHOO