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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.

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