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> they can control the price (naked shorting + strategic FTDs) and trade on it This is the bit that seems poorly substantiated and unlikely. Please elaborate.
by next_xibalba 2y ago
> they can control the price (naked shorting + strategic FTDs) and trade on it
This is the bit that seems poorly substantiated and unlikely. Please elaborate. Anything evidence you can cite would be helpful.
Also, Citadel’s HF has definitely had down years.
- bboygravity 2y agoI understand. I found it mind blowing and unbelievable too at first. I can recommend this book: Naked, Short and Greedy: Wall Street's Failure to Deliver (2020) Susanne Trimbath It's full of examples and evidence from someone who has worked at the SEC.