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KCG Holdings closes sale of NYSE designated market maker biz to Citadel Securities

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KCG Holdings closes sale of NYSE designated market maker biz to Citadel Securities

KCG HoldingsInc. closed May 2 the sale of its New York Stock Exchange designated marketmaker business to CitadelSecurities LLC.

The business is expected to be completely transitioned toCitadel Securities by the end of May, according to a Form 10-Q filed May 10.