Citadel fined $7m after five years of violating order marking rules

The mismarking violations occurred as a result of a coding error in the logic used to compute Citadel Securities’s position calculated for Regulation SHO purposes when handling certain schedule-based not-held client orders filled on a riskless principal basis

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.