Citadel Securities Looks at Prediction Markets as Trading Scales

Ken Griffin’s market-making giant Citadel Securities is monitoring the fast-moving prediction-markets industry as it evaluates when to enter one of the hottest new derivatives spaces.

Citadel Securities isn’t involved in trading event contracts currently, but the firm is “absolutely, keeping an eye on developments in the market,” President Jim Esposito said Thursday at the Semafor World Economy conference.