DMM - Citadel Securities

Your Designated Market Maker

CITADEL SECURITIES DMM

We are a market leader in US equities, trading more than 27% in the U.S. listed equities market¹

Partnering with companies for their initial public offerings and beyond, we manage the very first trade of an issuer’s stock, as well as follow on offerings. Our team works daily to facilitate the auction at market open and provides liquidity to help dampen volatility throughout the day. The firm commits more capital to provide liquidity in its issuers’ stocks than any other designated market maker, offering investors the ability to trade more efficiently, bringing more volume to the public markets, and providing transparency liquidity for investors.

DMM Leadership Team

Michael Harris

Head of Business Development and Capital Markets

Rich Barry

Head of Corporate Client Services

Peter Giacchi

Head of DMM Floor Trading

John McNierney

Senior DMM and Floor Captain

Patrick King

Senior DMM and Floor Captain

Key Facts

2,300

Approximately 2,300 symbols served on the NYSE²

49%

Offering the best price 49% of the time compared to peer average of 40%³

28%

Representing 28% of shares available at the best price compared to peer average of 18%³

14%

Committing capital in 14% of the trades in which we are the DMM compared to peer average of 8%³

Public Policy

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Citadel Securities

Your Designated Market Maker

We are a market leader in US equities, trading more than 27% in the U.S. listed equities market1

DMM Leadership Team

Key Facts

Proud DMM Partner

Public Policy

We are a market leader in US equities, trading more than 27% in the U.S. listed equities market¹