Tag: Citadel Securities

Over a dozen investors including BlackRock and Citadel Securities have raised $120 million for the new exchange set to rival the likes of NYSE and Nasdaq.

Counting down the second batch of The TRADE’s most read news stories over the past year, featuring UBS, SIX and Northern Trust.

SIX’s former head of equities Adam Matuszewski was appointed to replace departing individual at Citadel Securities last week.

The past week saw appointments across business development, execution services, equities, electronic trading, credit trading and securities sales trading.

Counting down from 10 to seven of the most read news stories on The TRADE over the past year, featuring LSEG’s Turquoise, Morgan Stanley, Millennium, BNP Paribas, Deutsche Bank and Citadel Securities.

Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Alternative Liquidity Provider: including Citadel Securities, Flow Traders, Hudson River Trading, Jane Street and XTX Markets.

Whitepaper by Citadel Securities discredits arguments that eliminating the increment would create a more level playing field between on- and off-exchange venues.

Market maker paid out the most in payment for order flow in 2020 and 2021, including $1.7 billion spent on options, followed by Susquehanna and Virtu Financial.

The market maker has used the example of the Taiwan Stock Exchange’s 2020 transition away from auctions as evidence that continuous markets can foster better liquidity and pricing.

Following the investment, Citadel Securities aims to expand its technology to more markets and asset classes, including crypto.