Citadel Securities Revenue Jumps to $1.8 Billion on Volatility

Discussion in 'Wall St. News' started by ajacobson, Dec 12, 2023.

  1. ajacobson

    ajacobson

    This is MM side - not the HF.

    Citadel Securities Revenue Jumps to $1.8 Billion on Volatility
    Paula Seligson and Katherine Doherty - Bloomberg
    Citadel Securities third-quarter revenue rose more than 8% as the privately held market-making firm seeks to grab more of Wall Street's trading business. The firm run by Chief Executive Officer Peng Zhao generated $1.8 billion in the period, up from $1.66 billion a year earlier, according to people with knowledge of the matter. The figure has exceeded $1 billion for 15 straight quarters, the people said, asking not to be identified disclosing private information.
    /jlne.ws/47Nf1Mi
     
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