Citadel Securities expands retail wholesale market-making into options
The cash-equity payment-for-order-flow fight is old. The options book is where the next share of wallet lives.
Finance Reporter
Downtown financial district towers
NEW YORK — The cash-equity payment-for-order-flow fight is old. The options book is where the next share of wallet lives.
Two retail brokerages said they have added Citadel as a larger options wholesaler after a latency and fill-quality bake-off that the public will never see and the payment terms will reflect.
Priya Nair
Finance Reporter
Writes on banks, private credit, and the regulatory perimeter around nonbank lenders.
