Equiduct, the Pan-European trading platform, is exploring options for the future, sources said today. Citadel and Knight Capital Group, two of Equiduct's largest investors, are reportedly backing away from efforts to compete with the established exchanges for retail order flow.
In July 2009, Citadel Securities made a significant equity investment in Equiduct in July 2009 and Knight Capital Group made a strategic investment in Equiduct in June 2010.
Knight is in the process of being acquired by GETCO.
