3 ms·
Citadel securities (the largest retail market maker, this is the company front-running every single one of your trades through PFOF if you use a "free" broker l
by bboygravity 4y ago
Citadel securities (the largest retail market maker, this is the company front-running every single one of your trades through PFOF if you use a "free" broker like Robin Hood)
Citadel LLC (the hedge fund)
Both part of Citadel the mother ship. All owned by 1 man (who like Madoff owns a hedge fund and a market maker, but unlike Madoff actually seems to execute trades with his hedge fund).
1 man who also happens to be the top GOP donor (what could he possibly want in return?): https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-bec...
If you want more info, this is an OK start: https://youtu.be/26_IcexvePA https://youtu.be/26_IcexvePA
Kind of old, but still relevant (not much changed since then). The same documentary makers are working on a new one that I believe will come out this year. There's tons of info to find online if you Google any of those terms in my rant from the previous comment as well.
PS: those are just tips of multiple icebergs, there's more.