Citadel, XTX, and Jane Street have become dominant players in Wall Street trading, impacting equities, currency, and bond markets traditionally controlled by banks.

These algorithmic trading firms have experienced significant growth, raising questions about their origins and low public profile.

In a recent discussion, financial experts Katie Martin and Robin Wigglesworth explored the rise of these firms and their influence on the trading landscape.

The conversation highlighted the changing market dynamics as these firms expand their reach and capabilities, reshaping the competitive environment in traditional finance.

Further insights and analysis can be accessed through the FT's series on the new titans of Wall Street, as well as the Unhedged newsletter, which offers a free 30-day trial for those interested in deeper financial commentary.