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Does Citadel actually own Robinhood? I couldn't find any source on that.
by jannes 6y ago
Does Citadel actually own Robinhood? I couldn't find any source on that.
- alistairSH 6y agoNo, Citadel is RH's largest customer. https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%20Rule%20606A%20and%20607%20Disclosure%20Report%20Q1%202020.pdf https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%2... Citadel also bailed out Melvin to the tune of $2.75bn. https://cointelegraph.com/news/financial-ties-between-robinhood-and-funds-shorting-gme-falls-under-scrutiny https://cointelegraph.com/news/financial-ties-between-robinh...
- deleted 6y ago[deleted]
- ArchD 6y agoI think Robinhood sends them the retail order flow. I don't know about ownership. The conflict of interest is the same.