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Zero-fee trading helps Citadel Securities cash in on retail boom

Higher volumes and wider spreads have driven outsized returns for market makers

Citadel Securities and its majority owner Ken Griffin are among the big winners from a boom in retail investing, cashing in on the zero-fee trading that has lured huge numbers of first-time investors to the US stock market. Chicago-based Citadel Securities accounts for 40 of every 100 shares traded by individual investors in the US,…

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