Talk:Citadel Securities/Archive 1

Archive 1

Add information about DMM; Sequoia/Paradigm Investment

Hi, I would like to ask for the two following edits:

1. In the Market maker section, directly after the sentence that begins "In October 2020..." please add the following 2 sentences: The purchase made Citadel Securities the largest designated market maker (DMM) on the NYSE, overseeing over 1,500 NYSE-listed securities. As of January 2022, the firm oversaw more than 2,000 listed securities.
2. After the last sentence added above, please create a new section called "Partnerships". Add the following to the new section: In January 2022, Citadel Securities announced that leading venture capital firms Sequoia Capital and Paradigm had made a $1.15 billion investment in the firm. The transaction valued Citadel Securities at approximately $22 billion and was seen as “a bet on disrupting Wall Street.”

References

Thanks so much you for your help, Cduffymul (talk) 22:20, 12 July 2022 (UTC)

 Done Made some tweaks and dropped some words. Ptrnext (talk) 05:08, 27 July 2022 (UTC)

Add two new sections

Hello. I’d like to request the addition of the following two sections, to be placed directly underneath the "Market maker" section.

• The first new section can be called "Summer internship program" with the following content:

Citadel Securities' summer internship program accepts less than 1 percent of those who apply. The 290 2022 interns included finalists of the Putnam math competition, chess grandmasters, and a NASA researcher. Most were college seniors, and about half were software engineers, while the rest included quantitative researchers and traders.

• The second new section can be called "Corporate culture" with the following content:

Citadel Securities is known for its "deeply technical and engineering culture." The firm offers programs in data analysis, data sciences, cloud computing, and Python and other computer languages as part of its culture of continuous learning.

Several Citadel Securities employees have been recognized for their contributions, including Vahe Musoyan, who was named as "one of the most influential quants on Wall Street;" Shay Deverell, compliance manager and assistant general counsel at the company received the "Women in Derivatives' Rising Star Award in 2022, and was recognized as a Woman Mentor of the Year in 2020 by the Security Traders Association; head of government and regulatory policy for Europe, Virginie Saade, was recognized in 2022 as one of the 100 Most Influential Women in Finance.

References

Mentioning Ptrnext, who has been very helpful in updating the page in the past. Thanks so much. Cduffymul (talk) 15:38, 5 December 2022 (UTC)

Hello @Cduffymul: The corporate culture section appears to be promotional. Also, awards won by non-notable (without their own article) employees doesn't belong here. I'll keep this open in case another editor wants to add about the intern program. Best, Ptrnext (talk) 05:03, 6 December 2022 (UTC)

Thanks Ptrnext for examining my edit request and your feedback. I understand your perspective on the "Corporate culture" section. I’ll use the opportunity to alter the “Internship” content as well so that it can be implemented. Thanks again. Cduffymul (talk) 19:58, 6 December 2022 (UTC)

Internship program

Hi Ptrnext. I re-wrote the paragraph about the summer internship program. If you feel it is acceptable, I would appreciate if you could add it as a new section called "Summer internship program" directly underneath the "Market maker" section:

Citadel Securities sponsors an 11-week summer internship program in which the interns learn about the company and its operations. In 2022 there were 290 interns in the program. Most were college seniors, and about half were software engineers, while the rest included quantitative researchers and traders.

References

Thanks so much. Cduffymul (talk) 15:30, 7 December 2022 (UTC)

Article restructure.

Hello. I'd like to propose a restructure of the article to include a traditional "History" section, in chronological order. I've created this userspace draft for your convenience, in which I've recategorized the existing content into subsections by decade/year. I've also included the information in the section currently titled "Controversies" in the new History section, as per WP:CSECTION. I made no changes to the original information or sources. Pinging Indefensible who was previously involved in the structure of the article, in case they have any insight.

Thanks for your time, Cduffymul (talk) 16:37, 20 February 2023 (UTC)

Hi Cduffymul, no promises but I will take a look. - Indefensible (talk) 17:35, 20 February 2023 (UTC)

Adding a history section would be good but if the content is just the controversies material then I prefer leaving it the way it currently is because that clarifies the subject and is easier for the reader to understand. - Indefensible (talk) 19:34, 26 February 2023 (UTC)

Hi Indefensible Thanks for looking at the draft. I reviewed the History section and there is a significant amount taken from other sections besides Controversies. I also believe this structure makes it easier to add content in the future and improves the article’s readability, while also conforming to the usual structure of Wikipedia articles about companies. I would be happy to think of more descriptive sub-headers to go along with dates if that is helpful. Please advise. I am happy to work with you on this. Thanks again. Cduffymul (talk) 14:19, 27 February 2023 (UTC)

Go ahead: I have reviewed these proposed changes and suggest that you go ahead and make the proposed changes to the page. Johannes (Talk) (Contribs) (Articles) 15:34, 27 April 2023 (UTC)

Johannes Maximilian, thank you for reviewing my proposed changes and giving me the go ahead. I will now be implementing the changes, given that a few days have passed without any objections from other editors. Thank you! Cduffymul (talk) 20:54, 3 May 2023 (UTC)