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Citadel Said in Talks to Buy Citigroup Electronic Trading Unit
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Citadel is already one of the largest market makers -- the industry term for traders that facilitate others’ transactions -- in assets like stocks. If Citigroup parts with Automated Trading Desk, it’ll represent the latest bank to retreat from market making.
http://www.bloomberg.com/news/articl...c-trading-unit
Citadel Said in Talks to Buy Citigroup Electronic Trading Unit
..........
Citadel is already one of the largest market makers -- the industry term for traders that facilitate others’ transactions -- in assets like stocks. If Citigroup parts with Automated Trading Desk, it’ll represent the latest bank to retreat from market making.
http://www.bloomberg.com/news/articl...c-trading-unit
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