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Article: Citadel Gets a Good Deal with E*Trade
- Article from:
- Daily News
- Article date:
- December 5, 2007
- Author:
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Copyright informationCopyright 2007 Daily News. Provided by ProQuest LLC. (Hide copyright information)
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NEW YORK (HedgeWorld.com) - A Securities and Exchange Commission
filing on Tuesday [Dec. 4] by E*Trade Financial Corp. should dispel
any doubt about whether Citadel Investment Group LLC got a good deal
when it provided a $2.5 billion cash infusion for E*Trade Financial
Corp.
Tuesday's SEC filing revealed that in addition to the portfolio,
Citadel will gain a big chunk of E*Trade's execution business as
well. According to the agreement, E*Trade will route its
approximately 40% of its customers' orders in exchange-listed stocks
and "substantially all" of its customer orders in exchange-listed
options to Citadel for the next three years.
"It is a great thing for E*Trade as Citadel is known for ...
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Article: Citadel appoints Peter Little as CEO.
M2 Presswire;
September 24, 2007 ;
640 words
...M2 PRESSWIRE-24 September 2007-Citadel Associates: Citadel appoints Peter Little as CEO(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:24092007 London and Boston -- Citadel, the provider of Enterprise Data Management (EDM) systems...Londonhead quarters, his initial focus is on strengthening Citadel's ...
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