Company News Citadel Securities Wins Risk Awards for Leadership in Equities and Rates

Citadel Securities Wins Risk Awards for Leadership in Equities and Rates

February 23, 2017

We are excited to share that Citadel Securities won “Best Flow Equities Market Maker” and “Best Flow Rates Market Maker” at Risk Magazine’s 2017 Risk Awards. Risk Magazine recognized the firm for providing best-in-class liquidity to clients in equities and interest rate derivatives.

According to a client interviewed by Risk Magazine, Citadel Securities has set a high bar for the industry: “If there was an award for liquidity provider of the year – for bank or non-bank – they would win them both. They have raised the bar on their competitors, have excellent customer service and offer good price improvement for clients.”

In equities, Risk Magazine highlighted the firm’s DMM acquisition last year as a key milestone, adding that Citadel Securities has leveraged its role on the NYSE to advocate for a number of changes designed to strengthen the markets, such as getting more stocks to open at 9:30 am ET.

Risk Magazine also recognized Citadel Securities for building on its phenomenal success in interest rate swaps even as large dealers fought to win back market share in 2016.  The publication noted that after “upending the established swaps market order in 2015,” Citadel Securities continued to grow and expand into new products and geographies, mentioning the firm’s foray into Europe as an example of its global ambitions.

The Risk Awards recognize businesses and individuals for their achievements and contributions to the derivatives and risk management industries. They are considered to be one of the most prestigious annual awards programs in financial services and are the longest running awards of their kind. Winners are selected by Risk Magazine’s editorial team following a review of written submissions, research and interviews with senior market participants.

In 2016, Risk Magazine named Citadel Securities “Interest Rate Derivatives House of the Year.”

View the full list of winners here and congratulations to all!