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That's not really surprising though. First Citadel destroys lit markets by having the majority of US orders routed to them for dark execution using things like
by bboygravity 3y ago
That's not really surprising though.
First Citadel destroys lit markets by having the majority of US orders routed to them for dark execution using things like Citadel Connect (less regulated and worse than a dark pool, which they also love by the way) and then they scream "look we give you better prices than you can get at the lit markets that we just destroyed (after literally front-running you)". Please love us, we're doing god's work!
Sidenote: like Madoff there's a massive conflict of interest where Ken Griffin owns both a (huge) market maker business as well as a hedge fund (that had 64 billion in securities sold, not yet purchased "at fair value" on its balance sheet against some 4 billion in assets).
PS: I'm just going to call it. That CEO Zhang doesn't exist and is generated by AI, just to distract from all the massive Citadel crime. Maybe tin foil, maybe not.
PS PS: Citadel need to dissapear and Griffin needs to be in jail. He is Madoff 2.0 supercharged.