Seeking Alpha

Citadel not interested in E*Trade's G1X unit

  • Chicago-based hedge fund operator Citadel is reportedly not bidding for E*Trade Financial's (ETFC) G1 Execution Services (G1X) market-making unit.
  • Citadel had been one of the potential suitors for G1X, which E*Trade said in July it was looking to sell. Citadel operates its own bigger market-making business.
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