One Year Ago In Derivatives Week
Citadel Securities was beefing up credit trading in an attempt to fill a hole in the market left by the collapse of three major dealers in the year prior with five hires in the space [Citadel continued these efforts, hiring three more credit traders in October (DW, 10/27), and became an outspoken proponent for open access to credit default swap clearing as its business expanded (DW, 5/4).]
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