Citadel’s Nazarali Says Image of Rigged Markets ‘Unfortunate’

U.S. stock trading is faster, cheaper and more efficient than ever before, and the perception that the market is rigged is “unfortunate,” said Jamil Nazarali, head of execution services at Citadel Securities.

“There is this narrative that exists which I think is really, really, unfortunate,” Nazarali said in an interview on Bloomberg Television on Wednesday. “The U.S. equity markets function incredibly well.”