AI market round-up: Citadel markets HF expertise

Citadel Investment Group is reportedly set to market its middle-office and back-office hedge fund expertise to its peers from May, and is aiming at becoming one of the top 10 administrators within five years. Citadel Solutions was set up as a subsidiary earlier this year. According to news website Chicago Business, the business has the capacity to execute two to three times the 20 million trades that Citadel handles each quarter.

Citadel Investment Group is reportedly set to market its middle-office and back-office hedge fund expertise to its peers from May, and is aiming at becoming one of the top 10 administrators within five years. Citadel Solutions was set up as a subsidiary earlier this year. According to news website Chicago Business, the business has the capacity to execute two to three times the 20 million trades that Citadel handles each quarter.

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