Citadel LLC

Chicago, IL United States

 

Company Description

This Citadel aspires not to turn boys into men, but to turn cash into, well, more cash. The Citadel investment group, whose seeds were planted in super-trader Ken Griffin's Harvard dorm room in 1987, includes Citadel Asset Management, one of the world's largest hedge funds, accounting for around 8% of daily trading activity at the NYSE and NASDAQ. Because of this high volume, the company also acts as a market maker for equity options and for some blue-chip stocks on smaller exchanges. It manages some $12 billion of assets for institutional and high-net-worth investors, as well as on its own account. Citadel also provides investment banking and institutional trading,.