Citadel prepares for swap market-making role

Hedge fund builds on equities and options operations

Alex Lurye

It feels like a scene out of Steven Spielberg’s film Minority Report.

Alex Lurye, head of global portfolio construction and risk at Citadel, stands before a curved wall fitted with 36 large touch screens that stretch from floor to ceiling, deftly moving panels of data around with his fingers.

A handful of risk managers sit in pods arranged in a semicircle behind him, fiddling with even more touch screens embedded in their desks.

This futuristic scene plays out in Citadel’s risk centre in its headqu