Citadel's Equiduct Passes Trading Milestone

Dec 2 2010 | 1:31pm ET

Equiduct Systems, the multilateral trading facility majority-owned by Citadel Investment Group, is growing even as Europe's larger stock exchanges report slowdowns in trading.

The year-and-a-half-old bourse traded €1 billion for the first time in November, and did it with a whole week to spare. While it trades only a fraction of the volume of the London Stock Exchange and other leading European bourses, it is "the fastest-growing European platform," CEO Peter Randall told Reuters.

Randall, founder of Equiduct rival Chi-X Europe, joined Equiduct last December. Citadel bought a majority share of the business from founder Börse Berlin last July, just months after it was set up.

In Depth

Q&A: Biotech Investing with Crossover Fund RA Capital

Sep 15 2015 | 5:40pm ET

Boston-based RA Capital Management is an intriguing mix of sophisticated life sciences...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events