July 29, 2022
A D.C. Circuit panel on Friday upheld the U.S. Securities and Exchange Commission's decision to allow a type of stock order designed to discourage certain high-frequency trading, rebuffing the objections of market-making giant Citadel Securities LLC.
October 25, 2021
Citadel Securities LLC squared off with the U.S. Securities and Exchange Commission on Monday during oral arguments that saw the D.C. Circuit question whether a new stock order type designed to discourage high-frequency trading is as detrimental for retail investors as the market-making giant claims.
April 13, 2021
Supporters of a recently approved stock order type designed to discourage high-frequency trading are asking the D.C. Circuit to side with the U.S. Securities and Exchange Commission as it fights a challenge to the order type from market-making giant Citadel Securities LLC.