Add Bank of America to the List of Successful Traders in the First Quarter

Looks like Goldman and JPMorgan traders aren’t that remarkable after all. Bank of America scored positive net revenue on its trades every single day last quarter. Here’s the breakdown:

Revenue was more than $25 million 95 percent of the trading days in the first quarter, with the firm chalking up gains of over $125 million on 16 trading days between $75 million and $100 million on another 16 days. BofA said the gains were due to “more effective positioning” and “market conditions.”