By Carolina Mandl (Reuters) -Billionaire Ken Griffin’s Citadel is planning to give back about $7 billion in profits to investors after a year of double-digit returns, a source familiar with the matter…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor Kenneth Griffin, who started his hedge fund in his dormitory at Harvard University, is donating $300 million to his alma mater, raising the…
SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the local stock market with high-frequency algorithm trading.…
By Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in the first week of January after a stellar performance this year, a…
Damian Williams, the United States Attorney for the Southern District of New York, and Scott J. Lampert, Special Agent-in-Charge of the New York Regional Office of the U.S. Department of Health and…
By Svea Herbst-Bayliss BOSTON – Citadel, the $51 billion hedge fund founded by billionaire investor Ken Griffin, is moving its global headquarters to Miami from Chicago, becoming the latest investment firm to…
NEW YORK – Trading firms Citadel Securities and Virtu Financial Inc are collaborating on a cryptocurrency trading “eco-system” that will enable retail brokerages to offer crypto-executions to their customers, according to a…
By John McCrank NEW YORK – Ken Griffin, the billionaire founder of Citadel Securities, one of the world’s biggest market-making firms, said on Monday he envisions the company entering the cryptocurrency market…
By Svea Herbst-Bayliss BOSTON – Hedge fund Citadel avoided April’s stock market drop and posted gains in its most prominent strategies, easily besting the average hedge fund returns which were in the…