Monday, 22 December 2014
Last updated 15 hours ago
Jul 14 2011 | 2:27am ET
Citadel Investment Group's investment-banking arm is giving up its plan to expand its market-making business to Treasuries.
Citadel Securities, which is no stranger to turmoil and turnover, had been working on a move into Treasuries for several months. But the firm has abandoned that effort, Reuters reports, and the employees behind it have left the firm.
Those employees had been based at Citadel's New York office and left within the last several weeks.
Citadel Securities has lost at least nine top executives over the last two years.
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.