Citadel Securities hired a new head of electronic equities sales from Goldman Sachs

Ken Griffin appreciates the culture of Goldman Sachs, which may be part of the reason why Citadel Securities hired Goldman partner Jim Esposito to be president of the firm in 2024. He wasn't the first Goldman alum to join the market maker and certainly isn't the last; the latest to join is a former Goldman MD taking a top sales role in its most established division.

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Andrew Kalafarski has joined Citadel Securities as its 'head of equities electronic sales' according to his FINRA registration. He joined the firm a week ago, having spent the entirety of his 20-year career before that working at Goldman Sachs. He worked in the bank's electronic trading sales division, and was made MD in 2021 after being tipped for the promotion by our sources ahead of time.

Equities market making is Citadel Securities' pride and joy; the firm's website states that it accounts for over 23% of total US equities execution. The team features several other Goldman alums in high-ranking positions including Joseph Anastasio, co-head of high-touch equities sales trading, who spent 16 years at Goldman. 

Alumni of the bank are also present in Citadel Securities' other rising divisions; one of its biggest hires of the year was Goldman partner Nikhil Choraria, the firm's co-head of fixed income, who officially joined in September according to the FCA register. LinkedIn data suggests that Goldman Sachs is the most common former employer among the firm's external hires.

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