The novelist William Gibson once said: “The future is already here. It’s just not evenly distributed.”
If so, the future of the over-the-counter derivatives market may be glimpsed through the glass-fronted Chicago headquarters of Citadel.
On January 14, Citadel began electronically trading and clearing a portion of its interest rates swaps book through Bloomberg’s fixed income trading platform.
Richard Mazzella, chief operating officer and chief technology officer of Citadel’s global fixed income