IMC Financial Markets

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IMC Trading
IMC Trading
Company typePrivate
IndustryFinancial services
Founded1989; 37 years ago (1989)
Founders
  • Robert Defares
  • René Schelvis
HeadquartersAmsterdam, Netherlands
Area served
Worldwide
Key people
Robert Defares (CEO and chairman)[1]
ProductsHigh-frequency trading, Market making
Increase $686 million[2] (2024)
Total equityIncrease $1.866 billion[2] (2024)
Number of employees
1,600[2] (2024)
Websiteimc.com

IMC Financial Markets, often referred to as IMC Trading, is a proprietary trading firm and market maker headquartered in Amsterdam, Netherlands.[3] Founded in 1989 as International Marketmaker's Combination,[4] the company employs over 1,600 people across offices in Chicago, Amsterdam, Sydney, Mumbai, Zug, Seoul, London, New York, and Hong Kong.[2]

History

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

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

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IMC operates as a proprietary trading firm and market maker across multiple asset classes, including equities, bonds, commodities, and currencies, on over 90 exchanges worldwide.[2][9] A 2024 FT article highlighted IMC as particularly active in options and ETFs.[10] The firm provides liquidity for more than 200,000 securities and maintains a significant market presence on major U.S. exchanges including NYSE Arca, NASDAQ, CBOE, BATS, and CME Group.[11] IMC's trading strategies include market making, algorithmic arbitrage, and statistical arbitrage.[11]

In 2014, the firm acquired Goldman Sachs' Designated Market Maker (DMM) trading rights on the New York Stock Exchange, becoming the DMM for more than 630 securities and approximately 400 operating companies.[12] IMC is a top-three liquidity provider by volume in listed options globally and serves as a lead market maker for more than 150 exchange-traded funds in the United States.[13]

References

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  10. ^ https://www.ft.com/content/9439108d-4fe3-4fc2-b040-da9412f1ba0b
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