Financial Markets Standards Board (FMSB) is pleased to announce that Citadel Securities has joined as a Full Member.
Myles McGuinness, CEO of Financial Markets Standards Board Limited said:
“We are pleased to welcome Citadel Securities as a Full Member of FMSB, broadening FMSB’s membership and reflecting the increasingly important role non-bank market makers play in liquidity provision in global wholesale markets.
FMSB is now in its tenth year and our purpose – to support fair and effective wholesale financial markets – remains as important as ever. We look forward to drawing on the expertise at Citadel Securities to support the health of the broader market in areas such as pricing and liquidity, execution and market applications of emerging technology, among others.”
Stephen Berger, Global Head of Government and Regulatory Policy, Citadel Securities said:
“Citadel Securities believes that transparent, fair, and consistent standards are essential to the integrity and efficiency of the global financial system. We’re proud to join FMSB and look forward to contributing our expertise in market making to advance their critical mission.”
Notes to editors
About FMSB:
- Financial Markets Standards Board (FMSB) is an industry-led, member-funded global standards body for the wholesale financial markets.
- Created out of the Fair and Effective Markets Review (FEMR) in 2015, FMSB brings together its Members from banks, investment institutions, infrastructure and information providers, corporates, pension funds and interdealer brokers, to develop Standards, Statements of Good Practice and Spotlight Reviews that raise standards of behaviour, competence and awareness – to promote the fairness and effectiveness of global wholesale financial markets.
- As well as standard setting, subject matter experts from member firms debate issues in working groups and are able to benchmark their approaches against industry peers, thus helping to lift standards of conduct.
- FMSB’s full membership list is here
About Citadel Securities:
- Citadel Securities is a next-generation capital markets firm and a leading global market maker, providing institutional and retail investors with the liquidity they need to trade a broad array of equity and fixed-income products in any market condition. At Citadel Securities, the brightest minds in finance, science, and technology use powerful, advanced analytics to solve the market’s most critical challenges, turn big ideas into real-world outcomes, and accelerate their careers. For more information, visit CitadelSecurities.com.
For more information:
Laura Conaghan
+44 (0)7929 72669
Laura.conaghan@fmsb.com