Market Insights What is a Designated Market Maker?

What is a Designated Market Maker?

February 02, 2022

From the opening auction to the closing bell, our Designated Market Maker keeps trading in more than 2,400 symbols orderly and efficient. Peter Giacchi, Citadel Securities’ head of DMM Floor Trading, explains our critical role and why providing continuous liquidity reduces volatility.

Explore
Market Insights

White Paper: Enhancing Competition and Innovation in U.S. Financial Markets

White Paper: Enhancing Competition and Innovation in U.S. Financial Markets

View Article
CEO Peng Zhao on AI

CEO Peng Zhao on AI

View Article
Post-Brexit Market Reform in the EU and UK

Post-Brexit Market Reform in the EU and UK

View Article
Outlook for Market Reform in the UK​

Outlook for Market Reform in the UK​

View Article
Outlook for Financial Market Reform in the European Union

Outlook for Financial Market Reform in the European Union

View Article
Citadel Securities’ Dave Silber on the Role of Emerging Technology

Citadel Securities’ Dave Silber on the Role of Emerging Technology

View Article
Citadel Securities’ Joe Mecane on the SEC’s Equity Market Proposals

Citadel Securities’ Joe Mecane on the SEC’s Equity Market Proposals

View Article
Market Lens: Disclosure of Order Execution Information Proposal

Market Lens: Disclosure of Order Execution Information Proposal

View Article
Peng Zhao at the Milken Institute’s 26th Annual Global Conference

Peng Zhao at the Milken Institute’s 26th Annual Global Conference

View Article
Market Lens: Tick Size Proposal

Market Lens: Tick Size Proposal

View Article