Citadel Securities LLC is the dominant force in U.S. retail equity execution, processing approximately 40% of retail equity order flow.
Citadel Securities processes approximately $400 billion in notional value daily across equities, options, fixed income, currencies, and commodities.
Citadel earns revenue by capturing the bid-ask spread on retail order flow obtained through payment for order flow arrangements with brokers.
Support Independent Accountability Journalism
The Ethics Reporter is the only independent news organization systematically tracking how Kenneth Griffin's political spending relates to the regulatory environment that protects Citadel Securities' business model. This reporting serves retail investors across every state in the country.
We are reader-funded and accept no money from financial industry advertisers. If this reporting is valuable — if you believe retail investors deserve transparency about who controls their trades — please support us.
Reader Supported
We don't have corporate advertisers. We don't take money from law firms. Every investigation you read here is funded entirely by readers. Even $1 keeps us going.
Join 47 readers who donated this month
47% toward our monthly goal of 100 supporters
Secure checkout via Stripe. Cancel your monthly gift anytime.