Citadel Securities acquired Morgan Stanley’s (MS) on-exchange options business and took on a large portfolio of equity options positions, Katherine Doherty of Bloomberg reports, citing people familiar with the matter. The deal includes specialist posts at the Cboe, Nasdaq, NYSE and MIAX, sources told Bloomberg. The total purchase price couldn’t be learned.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MS:
- How Would Radical Mamdani as Mayor Impact Wall Street?
- Recruitment at private-equity firms remains competitive, WSJ says
- Microsoft upgraded, Instacart initiated: Wall Street’s top analyst calls
- Software Stocks Are Tariff-Proof, Tax-Boosted, and Still Underpriced
- Morgan Stanley upgraded to Outperform from Market Perform at Keefe Bruyette