Peng Zhao was born in Beijing, China. Zhao, who became a U.S. citizen in 2016, has since turned Citadel Securities into the go-to firm for the pioneering practice: It managed Slacks highly anticipated direct listing in June, after serving in the same role for Ubers traditional IPO this spring. We have estimated The company didn't respond to a request for comment in February 2023. Mr Yang claims that he wasnt given clear guidance on how to manage risks from his home office, and that Instead of my usual access to systems and screens and news streams and data streams and the ability to chat with team members sitting next to me, or to check market color with brokers over the direct lines, I relied heavily on what my colleagues in the office told me. At this time a new role, chief scientist, was created specifically for Peng Zhao who was then global head of market making. The company offers markets in more than 600 cryptocurrencies and has said it has over 120 million users. Matt works closely with CEO Peng Zhao on firm-wide strategy and management and oversees leaders responsible for Citadel Securities' day-to-day operations. Peng Zhao was born on 1983 in Beijing, China, is a Businessman. Accept Decline About Our Ethos; Our History; FAQ; Jobs; Newsletter Prior to joining the firm, he was a Summer Associate with Lehman Brothers and served as a Quantitative Researcher for Evnine By navigating this website you agree to our cookie policy. All rights reserved. He wasnt impressed, and so is in a position to issue one of bankings most emphatic I-told-you-sos. $21.0B can buy Zhao's fortune is derived from his controlling stake in Binance, a crypto exchange. Peng Zhao's net worth (Financial News), Lauren Callaghan runs Spencer Stuarts specialist ESG recruitment practice. It's actually a myth about how to make money on Facebook Peng Zhao (simplified Chinese: ; pinyin: Zho Png) is a Chinese-American businessman who is the CEO of Citadel Securities. Under Zhao, Citadel Securities has not only widened its lead as the top market maker in U.S. stocksthanks in part to the petabytes of data the firm collects to inform its tradingbut also expanded into the hot arena of initial public offerings. Peng Zhao - Citadel Securities Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices (, This list of finance books for people who hate finance is actually quite a good set of recommendations for people who have a love-hate relationship with the industry they work in.

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