Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

There's Some Intense Security To Get To Ken Griffin's Trading Floor

Julia La RocheJul 16, 2014, 19:59 IST

Google Maps

Hedge fund manager Ken Griffin was asked about how many swipes of the security badge it takes to get to Citadel's trading floor in the Chicago office.

Citadel, which was included in Michael Lewis' high-frequency trading book "Flash Boys", is known for being super-secretive.

CNBC reporter Kate Kelly pointed out that a government employee only needs two card swipes to get to his/her desk, while a trader at Citadel would need five.

"We need to protect our intellectual property," Griffin responded after going through the swipes he does every day - the parking garage, the building entrance, elevator, trading floor, etc.