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From the source you gave: > Full Year 2015: > Net Income of $197.5 million > Adjusted Net Trading Income of $500.7 million His numbers seem pretty accurate.
by malisper 11y ago
From the source you gave:
> Full Year 2015:
> Net Income of $197.5 million
> Adjusted Net Trading Income of $500.7 million
His numbers seem pretty accurate.
- kasey_junk 11y agoHe edited it down an order of magnitude (and rightly so, it was clearly a typo). That said, whenever any trading entity talks about their trading income, be suspicious, because that is usually just the difference between bought/sold (and fees) and doesn't account for the infrastructure costs of trading. Thats why I like these public SEC documents so much, because they have to use GAAP so you know exactly what they mean.