Category: Ken Griffin
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Competition for Stocks
BlackRock and Citadel Securities, two financial heavyweights, have begun the process to create a new stock exchange in Texas. The Texas Stock Exchange directly challenges the dominance of the New York Stock Exchange (NYSE) and NASDAQ. The new exchange, located in Dallas, aims to have fewer restrictions on listed companies and offer a cheaper and easier…
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Chief of Payment for Order Flow
Ken Griffin, the CEO of Citadel, discusses his history, market research, and the current state of the US economy with Norges Bank Investment Management. He expresses concern over the economy being near full employment with inflation around 3%, while the government continues to engage in massive spending. Griffin argues that this spending binge leaves the…
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Griffin at Goldman