JPMorgan traders just perfect

Jamie Dimon

JPMorgan Chase traders generated profits every day in the third quarter, extending their perfect record for 2013 as the Federal Reserve backed off plans to curtail a bond-purchase program.

Bloomberg reports that traders made more than $200m on three days this year, JPMorgan said today in a regulatory filing.

Trading revenue at JPMorgan’s corporate and investment bank, run by Daniel Pinto and Michael Cavanagh, fell 2% to $4.69bn in the third quarter, the bank said when it reported earnings on October 11th.

Fixed-income trading revenue declined 8% to $3.44bn from a year earlier while equity-trading revenue rose 20% to $1.25bn.

To access the complete Bloomberg article hit the link below:

JPMorgan Chase Traders Extend Perfect Record Into Third Quarter

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