Ken Griffin's Citadel Securities Is a Money Machine
Bloomberg Markets and Finance
Published at : 14 Dec 2020
Dec.11 -- Citadel Securities is sometimes dismissively referred to as “Citadel’s trading arm” -- seen as a forgotten backwater of Ken Griffin’s hedge fund empire, where quants toil on complex algorithms to arbitrage tiny differences in stock prices or calculate bid-ask spreads for Treasuries. It’s much more than that. Goldman Sachs Asset Management Chair Sheila Patel and Bloomberg's Sonali Basak have more on "Bloomberg Daybreak: Americas."