Thursday, 25 December 2014
Last updated 1 day ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.