Citadel Securities’ global fixed income COO exits
Nicola White helped to significantly expand Citadel’s electronic market making capabilities for US Treasuries and other fixed income markets.
Nicola White helped to significantly expand Citadel’s electronic market making capabilities for US Treasuries and other fixed income markets.
GTS has entered into a definitive agreement to acquire the equity options market making at Barclays for an undisclosed sum.
Deal creates major force in market making and technology.
Firm said the shutdown of its options market making business is expected to cost $25 million.
Options market making business to be phased out over next few months.
Market making revenues outside of US equities has declined 60% since the first quarter of 2016.
Virtu Financial reported trading sales were down 25% in the third quarter this year.