Citadel Securities Is Setting Revenue Records, CEO Zhao Says
Citadel Securities Chief Executive Officer Peng Zhao said the market maker is running at “record pace” as it benefits from its expansion into new products and geographies.
“We had a very strong first quarter and year-to-date we’re running at a record pace,” Zhao said at the Bloomberg Sell-Side Leaders Forum on Thursday. That growth is a reflection of the trading giant’s existing businesses as well as its newer product offerings, he said.