Hints and tips:
...Citadel Securities is the market-making business started by Griffin, founder of the hedge fund Citadel....
...They’re very clearly putting economic growth back at the top of their priority list,” said Griffin, founder of the US hedge fund Citadel and market maker Citadel Securities....
...In the year to the end of August, Millennium gained 5.5 per cent, Schonfeld was roughly flat, and Citadel was up 10.8 per cent, according to investors....
...Citadel declined to comment....
...The shift makes Citadel Securities the latest financial services company to increase its reliance on Big Tech cloud services and is a win for Google as Silicon Valley companies host more business traditionally...
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
...Hedge fund Citadel and its sister firm, market-maker Citadel Securities, have agreed to pre-let at least 250,000 sq ft, or a third of the space, at 2 Finsbury Avenue....
...Citadel declined to disclose its 2023 performance....
...Bloomberg first reported Citadel’s and Millennium’s performance....
...Nunes, a former Republican congressman, named four equities market makers in his letter: Citadel Securities, Virtu, Jane Street and G1 Execution Services....
...Ant’s bid for Credit Suisse Securities (China) Ltd, which includes investment banking and brokerage services in mainland China, could complicate UBS’s plans to dispose of its stake in the unit....
...Citadel Securities is licensed as a foreign institutional investor in Chinese markets but does not have a licence to operate a domestic securities business offering brokerage and underwriting services in...
...Some multi-strategy firms, which trade a range of strategies, also performed well — including Citadel....
...In 2022, Griffin’s Citadel became the best-performing hedge fund of all time. But now, cracks in the sector are beginning to form....
...Every day, we’re working our asses off to compete with Citadel, et cetera, and the exchanges and 40 different ATSs....
...Millennium’s investment and the fact that Taula is seeking to launch with up to $5bn of capital were previously reported by industry information service With Intelligence....
...Griffin seems awfully confident that Citadel would still be able to HODL their Treasury basis trades....
...The cuts largely related to non-investment roles in areas such as technology and back-office services, the person added....
...It is still the third best-performing multi-strategy firm over the past three decades, behind Ken Griffin’s Citadel and Millennium....
...competitors to the Citadel LLC hedge fund....
...“The Citadel migration is definitely occurring.”...
...But Tiger struck a more upbeat tone recently, referring to 2023 as a “solid recovery year” in which its flagship fund was up every month but one. This year it gained about 3 per cent in January....
...Citadel’s strategy may sound mad; it does even to a lot of other hedge fund managers....
...The multi-managers, whose other breakout star is Citadel, have over the past decade slightly outperformed traditional hedge funds in absolute terms....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
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