CDEL Citidel Securities appointed Microsoft COO, B. Kevin

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CDEL
Citidel Securities appointed Microsoft COO, B. Kevin Turner as the new CEO on July 7, 2016. The firm is massive global market maker in fixed income and securities. They make markets in over 7,000 U.S. listed securities and 18,000 OTC securities worldwide. The firm is largest options market maker in the U.S. responsible for 25% of all the executions on U.S. equity options and up to 13% of all U.S. stock trading volume. The firm is a subsidiary of parent company Citadel Investment Group, LLC, a private asset manager and hedge fund with over $25 billion of assets under management (AUM).

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