Citadel gross trading profit totalled $28bn last year, https://www.hedgeweek.com/citadel-makes-record-16bn-profit/#:~:text=Citadel%20gross%20trading%20profit%

Citadel gross trading profit totalled $28bn last year, https://www.hedgeweek.com/citadel-makes-record-16bn-profit/#:~:text=Citadel%20gross%20trading%20profit%20totalled,in%20expenses%20and%20performance%20fees https://www.hedgeweek.com/citadel-makes-record-16bn-profit/#.... 60B is a balance at a specific date 12/31/2022, they trim the balance by the EOY and harvest losses. the average balance is much bigger and fluctuates heavily given market demand. UPD: I stand corrected, the market making arm only made meager $5,000,000,000 for the 6 months, so more like 10,000,000,000/year, not 28 https://www.nasdaq.com/articles/citadel-and-jane-street-set-record-revenue-competition-banks-heats https://www.nasdaq.com/articles/citadel-and-jane-street-set-...