Risk 25 firms of the future: Citadel
"When is enough, enough?” Kenneth Griffin wants to know. The founder and chief executive of Citadel, the Chicago-based asset manager and market-maker, blames dealer lobbying for the slow implementation of the Dodd-Frank Act’s rules on clearing, and the correspondingly slow adoption of client clearing services, through which dealers will provide access to central counterparties (CCPs) for non-member firms.
Tens of buy-side firms have tested the clearing system, and a few hundred client clearing
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