Employees Scrambled to Keep Robinhood Afloat in January 2021 Meme-Stock Frenzy, House Report Finds

Robinhood Markets struggled to handle huge volumes of stock trading and sparred with its principal customer, market maker Citadel Securities, during the week in January 2021 when meme stocks exploded,...

BlackRock And Citadel Deny Trading Cratering Stablecoin

Signage outside Blackrock headquarters in New York, U.S., on Wednesday, Oct. 13, 2021. © 2021 Bloomberg Finance LP Asset manager BlackRock and hedge fund giant Citadel Securities have denied trading t...

Who Really Got Rich From the GameStop Revolution?

When Reddit became the rowdy center of the investing universe last January, its co-founder Alexis Ohanian called the frenzy a “revolution” and a “chance for Joe and Jane America, the retail buyers of ...

Citadel Securities Receives $1.15B Funding from Sequoia, Paradigm

Citadel Securities, a major market maker, has received $1.15 billion in funding from Sequoia and Paradigm that took its valuation to approximately $22 billion, the company announced. The minority inve...

Billionaire Ken Griffin’s Citadel Securities Valued At $22 Billion After $1.2 Billion Investment From Sequoia, Crypto VC Paradigm

Topline Citadel Securities, the market-maker founded by billionaire hedge fund investor Ken Griffin, announced its first round of private funding ever on Tuesday, taking in nearly $1.2 billion in vent...