Castle Securities achieved a profit of 3.4 billion US dollars in the first quarter, setting a new historical record.

Castle Securities announced that, driven by the ongoing market volatility since the inauguration of US President Trump, both profit and trading revenue for the first quarter of this year reached historic highs. According to sources, the market-making giant's net trading revenue for the first quarter of this year was $3.4 billion, an increase of approximately 45% compared to the same period last year. Net profit soared by 70% to $1.7 billion. Due to investors responding to Trump's policies and adjusting positions in the face of changing geopolitical situations, trading volumes have remained high this year. This has benefitted banks and market makers who help clients buy and sell assets. The company's net trading revenue last year was $9.7 billion, its highest since its founding in 2002. Like other high-speed trading peers, Castle Securities benefits during times of market turmoil, when significant fluctuations in stock and fixed income markets create opportunities for liquidity providers to intervene.