Sep 18th, 2024
Ken Griffin Finds His Treasury Goal Has Already Been Met
Ken Griffin's Citadel Securities, which had long sought to become a primary bond dealer with the Federal Reserve, has quietly shelved that plan, Bloomberg's Liz McCormick says. The reason: Executives concluded that the business already is a dominant force in Treasury trading and that they don't need to join the ranks of designated dealers, McCormick says on ""Bloomberg Open Interest."
