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Citadel Securities promotes John Fischer

John Fischer has been named senior vice president (SVP), market structure and business development at Citadel Securities, covering the Americas and EMEA. He has...

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...

Ex-Millennium hedge fund start-up poaches head of trading from JP Morgan

Jain Global, a new hedge fund founded by former Millennium CIO Bobby Jain, has confirmed JP Morgan alumnus Jeremy Wyatt as its new EMEA...

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...

Eurex denies getting swamped by “corrupted” messages as HFT dispute escalates

French HFT firm Mosaic claimed that market participants lost €75m after Eurex allowed rivals to flood its systems with corrupted ethernet messages ahead of...

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