Macro trader Chris Rokos captured nearly $1bn in profits during Wednesday's market rally following Donald Trump’s re-election, marking one of his most lucrative days since founding Rokos Capital Management in 2015, according to a report by Bloomberg.

The report cites unnamed sources familiar with the matter as confirming that the gains stemmed not only from “Trump trades”, but also from profits across multiple asset classes. This surge bolstered Rokos Capital’s year-to-date return to approximately 20% through October and brought the firm’s assets under management to around $19bn.

A representative for the London-based hedge fund declined to comment on the performance.

On Wednesday, markets surged as investors recalibrated for Trump's return to the White House, with stocks reaching record highs, US Treasury yields spiking, and the dollar experiencing its strongest day since 2022.

Jeff Talpins’ Element Capital Management, another macro trading firm, also benefited from Trump’s win. Talpins’ fund, which had already gained about 10% through October, rose by 4% this month, capitalising on bets for a stronger dollar, gains in US equities, and shorts against European stocks.