Equiduct Gains Citadel Cash, Eyes Retail Flow
Citadel is injecting capital rather than buying existing shares of the MTF's owner Börse Berlin, which means that the money will remain with the Equiduct business, according to Matteo Cassina, president of European execution services for Citadel Securities. "We want to be the most solid financial organization in this space, to be able to face the most challenging environment," he says. Cassina declines to reveal figures. Citadel wouldn't be "scared" if Equiduct had very limited activities in the
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