Citadel Securities Is Muscling Its Way Into Credit Trading
- Ken Griffin’s market-making arm expands fixed-income presence
- Electronic trading is rising in debt markets of all stripes
Ken Griffin
Photographer: Saul Martinez/BloombergThis article is for subscribers only.
Ken Griffin’s market-making powerhouse is challenging Wall Street banks on their own turf as it enters the multitrillion-dollar world of corporate debt.
Citadel Securities LLC started offering investment-grade trading to clients this month with plans to make markets in high-yield bonds by the end of the year, according to executives.