Mako Financial has officially announced the final outcome for the company during fiscal 2018. The firm’s strategic direction has continued yielding positive results with the new revenues for 2017 reaching £4.85 million ($6.3 million). The figure is higher by five percent year-on-year.
During the calendar year 2017, Mako’s profits increased by 13 percent to £3 million ($3.9 million). The results published via the filing include business from both Mako Europe and Mako Cayman Holdings.
Mako is actively working in making markets for options in equities, fixed income, commodities, and FX. The derivatives business of the company has propelled it into a stable place at a time when the retail brokerage industry is suffering due to new regulations.
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The company is led my Trystan Schauer as CEO and Brett Flowers as CFO. Mako has multiple locations across the globe, most notably in London, Singapore, and Sydney.
Options Market Making
The principal activity of Mako is making a market for options. Spread across multiple asset classes, the derivatives business of the company is providing clients with effective ways to hedge or take on market exposure.
Options have been growing in popularity in recent years. Asymmetric risk strategies have been gaining popularity, opening the doors to the options desks for many investors.