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Palantir Hires Citadel Securities for Direct Listing on NYSE

Palantir Technologies Headquarters As BP Is Reported Shareholder
Photographer: David Paul Morris/Bloomberg

Palantir Technologies Inc. hired Citadel Securities, the market-making firm majority-owned by Wall Street titan Ken Griffin, to help oversee its direct listing on the New York Stock Exchange.

Citadel Securities will be the designated market maker, according to a person with knowledge of the matter, who asked not to be identified discussing private information. Its job is to help determine demand and pricing for the shares, and help maintain orderly trading at the open.