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

Hedge Fund Veteran Peter Borish Talks Trading

Dec 17 2014 | 9:32am ET

Peter Borish says 2014 was “tricky” from a trading perspective. “The best...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.