Citadel Securities Hires UBS’s Haddon Kirk for its ETF Business

  • Former head of UBS ETF trading to join market-maker Oct. 31
  • New hire comes as firm adds to ETF business in U.S. and abroad
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Citadel Securities hired Haddon Kirk from UBS Group AG for a senior position in block trading of exchange-traded funds, poaching another bank executive to pad its ETF business.

Kirk, who starts Oct. 31, will focus on how the firm handles large ETF trades, according to Jamil Nazarali, head of execution services at Citadel Securities, who confirmed the hire. Kirk also confirmed the move but declined to comment further. Erica Chase, a spokeswoman for UBS, declined to comment.