May 16, 2016
Share on
Citadel Securities today announced it is acquiring the equity trading assets of Automated Trading Desk Financial Services, a division of Citi. As reported by Traders, “This transaction will further enhance Citadel Securities’ position as an industry leader, help the firm provide retail investors with access to additional liquidity and offer strong execution quality to more clients.”
Established in 2002, Citadel Securities is the world’s leading retail equities market maker, executing about 14% of U.S. consolidated volume in listed equities, 34% of US retail equities volume, and 21% of US-listed equity options volume (read full release here). Earlier this month, Citadel Securities completed its acquisition of KCG Holdings’ designated market maker business, cementing the firm’s position as the top DMM on the New York Stock Exchange.
Noted Jamil Nazarali, Head of Citadel Execution Services, “This acquisition supports the growth of our industry-leading equities business and reflects our commitment to leveraging our global footprint, cutting-edge technology and trading expertise to meet the diverse needs of our clients as traditional providers continue to exit this space.”
CEO Peng Zhao Profiled in Bloomberg Businessweek: ‘Ken Griffin’s Hand-Picked Math Prodigy Runs Market-Making Empire’
Citadel Securities Opens Tokyo Office, Continuing Global Expansion
Citadel Securities Ranked #2 on the 2022 LinkedIn Top Companies List in Financial Services
Citadel and Citadel Securities to Relocate HQ from Chicago to Miami
Citadel Securities Announces $1.15 Billion Investment from Sequoia and Paradigm
Layla Royer Among the 50 Leading Women in Hedge Funds
Citadel Securities Expands Leading DMM Business
Citadel Securities Expands Asia-Pacific Presence
Citadel Securities Named Among 2020 Best Workplaces in Chicago by Great Place to Work®
Citadel Securities Named to Fast Company’s Annual List of the World’s Most Innovative Companies
Peng Zhao Named to Fortune Magazine’s 40 Under 40 List
FT: Top NYSE Trader Readies for Uber IPO Scrum
Market Lens: Disclosure of Order Execution Information Proposal
Citadel Securities 2023 PhD Summit
Market Lens: Tick Size Proposal
Ken Griffin on Campus
Dr. Lisa Su, Chair & CEO of AMD, on Building a High-Performance Culture
Market Lens: Best Execution Proposal
I Interned at Google, Meta and Citadel Securities. I Chose Citadel Securities.
Market Lens: Order Competition Proposal
Market Lens: Equity Market Structure Proposals