NEW YORK--(BUSINESS WIRE)--Citadel Securities, a leading global market maker, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2020.
The list recognizes the businesses that are making the most profound impact on both industry and culture. Citadel Securities is included in the finance sector list. It is one of ten financial services companies to appear on this year’s list, which features 434 companies from 39 countries.
“Innovation has always been a key driver of our success and is an integral part of our DNA,” said Peng Zhao, CEO of Citadel Securities. “We are proud to appear on this list and we’re excited to continue driving innovations that create better markets for all investors.”
Citadel Securities trades in 35+ countries around the world and provides liquidity in a variety of products across fixed income, equities, derivatives, ETFs and FX. The firm is a top equity and options market maker in the U.S., trading over 40% of U.S. retail equity volume and over 20% of total U.S. equity volume every day. It is also the #1 Designated Market Maker (DMM) on the New York Stock Exchange (NYSE), where it is responsible for trading the shares of more than 1,400 listed entities and plays a key role in managing trading during IPOs and direct listings. The firm also has a robust FICC business that serves over 1200 institutional clients across 52 countries.
Fast Company’s editors and writers sought out the most groundbreaking businesses from around the world and across industries. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond,” said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.
About Citadel Securities
Citadel Securities is a leading global market maker, delivering a broad array of fixed income and equity products to banks, broker-dealers, government agencies, corporations, insurers, and sovereign wealth funds. Through innovation and efficiency, the firm provides liquidity with the goal of driving price discovery in more than 35 countries and making markets more competitive, open, and transparent. Since its founding more than 15 years ago, Citadel Securities has cultivated a culture of excellence, assembling the brightest minds in trading, technology, and the sciences to make better markets for a better world.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.