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Citadel Securities paid US$943m for retail US equity, options order flow in nine months

Large market makers are paying billions to access retail orders in stocks and options, a controversial practice banned in most countries outside the US.  Citadel...

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LSE CONTEMPLATES SHORTER TRADING DAY. The London Stock Exchange (LSE) launched a consultation exploring a possible reduction in market hours in order to encourage staff diversity,...

Goldman lost $687m on two days during August turmoil

The need to keep generating trading profits means the US banking giant has to take greater risks Goldman Sachs experienced a total trading loss of...

SEBI draws the line between trading prowess and market manipulation

Jane Street is accused by India's securities regulator, SEBI, of allegedly employing its “immense trading, financial and technological prowess” to realise outsized profits in...

Citi exits Russia

Citi is selling off the last of its Russian operations, with AO Citibank to be acquired by Renaissance Capital in the first half of...