IMC Trading has partnered with the Pyth Network—an oracle that publishes financial market data to multiple blockchains. Through this partnership, IMC will publish real-time cryptocurrency price data onto the Pyth Network to help solve the DeFi oracle problem.
In IMC’s more than 30-year history, markets have seen several sudden and tumultuous shocks. Even by those measures, 2020 was a year apart. No one could have anticipated that our world would be so disrupted, and that much of our work would have to be done away from our regular workplaces, or at kitchen tables, in spare rooms, or in attics.
In 2019, despite subdued markets IMC continued to make significant investments in people, trading strategies and advanced tooling. While, as expected and given market conditions, these major investments had an impact on 2019 results we are confident they have positioned IMC well for future growth.