"We are delighted to welcome Citadel's expanded role on the PCX," said Philip D. DeFeo, PCX Chairman and CEO. "Citadel is the third new, major LMM firm attracted to the Exchange in the past 18 months. We are gratified that our commitment to electronic trading enjoys such strong support from these new firms, as well as those that have been active here for many years. PCX Plus is attracting the customers and order flow we want, and our market share is rising. Our competitive position in the marketplace has never been more promising."
Citadel will be the LMM in 56 issues, including Dell, United Parcel Service, American International Group, and XM Satellite Radio Holdings.