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Crypto Exchange Backed by Citadel Securities, Fidelity Goes LiveA spokeswoman for Citadel Securities, an electronic market-making firm with a huge presence in stocks and options, confirmed it was trading. Hong Kong said it plans to consult on a framework for over-the-counter (OTC) crypto venues and will start the process �very soon.� The. Read More: Citadel Securities-Backed Crypto Exchange Is Poised for Kickoff. As a custodian of digital assets -- a step which is pending.