06.03.2019

Stuart Feldman Joins Citadel Securities

Stuart Feldman Joins Citadel Securities as Senior Advisor

UNIX Pioneer and Former Vice President of Engineering at Google Brings Unparalleled Technology Expertise to Largest Market Maker at the NYSE

June 03, 2019 09:30 AM Eastern Daylight Time

NEW YORK–(BUSINESS WIRE)–Citadel Securities, a leading global market maker, today announced that renowned computer scientist Stuart Feldman has joined the firm as a Senior Advisor. Stuart will advise Citadel Securities on technology-related initiatives, working closely with CEO Peng Zhao and Chief Information Officer Nawaf Bitar.

Stuart played a critical role in creating the UNIX operating system and is best known for developing the first Fortran 77 compiler and for writing “Make,” a groundbreaking tool that automated the process of compiling, managing, and installing computer programs on UNIX systems.

A seasoned industry leader, Stuart has more than four decades of experience as a scientist, engineer and technology executive. He serves as Chief Scientist for Schmidt Futures, a major philanthropic initiative. Prior to joining Schmidt Futures, he served as Vice President of Engineering at Google, where he was responsible for the New York engineering office, and oversaw engineering activities of Google’s offices in the eastern part of the Americas and in Asia. Before that, he held senior roles in computer science research and internet strategy at IBM, where he founded the Institute for Advanced Commerce. Stuart began his career at Bell Labs as a research manager.

“Stu is a legendary innovator and technology industry pioneer,” said Zhao. “Adding Stu to our team is a testament to the caliber of talent Citadel Securities attracts. He brings an incredible wealth of knowledge and expertise that will benefit not only our leadership but also our broader team as we continue to grow and strengthen our leading technology and trading platform.”

Citadel Securities is a leading global market maker that trades in 35+ countries around the world and provides liquidity in a variety of products across fixed income, equities, derivatives, ETFs and FX. Citadel Securities is a top equity and options market maker in the U.S., trading over 40% of retail equity volume and 20% of total U.S. equity volume every day. The firm is also the #1 Designated Market Maker on the New York Stock Exchange, where it is responsible for trading the shares of more than 1,400 listed companies and plays a key role in managing trading during the IPO process.

“I am excited to join a firm that plays such an important role in the global market and heavily leverages advanced technology to drive innovation and results,” said Feldman. “I look forward to working closely with Citadel Securities and its leadership team as they tackle some of the biggest and most technically difficult challenges in the financial markets.”

Stuart is the former President of ACM (Association for Computing Machinery) and a former member of the board of directors of the AACSB (Association to Advance Collegiate Schools of Business). He is a Fellow of the IEEE, ACM, and AAAS. Stuart is Board Chair of the Center for the Minorities and Disabled in IT, serves on a number of university advisory boards and National Academy panels, and has served on a wide variety of government advisory committees. Stuart earned his bachelor’s degree at Princeton and his PhD at MIT, focusing on astrophysics and mathematics. He has also received honorary doctorates from the University of Waterloo in Canada and from the Technion in Israel.

About Citadel Securities

Citadel Securities is a leading global market maker, delivering a broad array of fixed income and equity products to banks, broker-dealers, government agencies, corporations, insurers, and sovereign wealth funds. Through innovation and efficiency, the firm provides liquidity with the goal of driving price discovery in more than 35 countries and making markets more competitive, open, and transparent. Since its founding more than 15 years ago, Citadel Securities has cultivated a culture of excellence, assembling the brightest minds in trading, technology, and the sciences to make better markets for a better world.

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