General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKen Griffin is one of if not the biggest republican donor
In my opinion this man controls the American economy through the stock markets.
His computer trading strategies control the price of stocks through algorythms, he works hand in hand with the leadership of the republican party to manipulate the American economy.
This is my opinion and am wondering if anyone else here has drawn this conclusion ?
https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html
mopinko
(70,112 posts)go ahead and pour money into miami. maybe they'll put a floating marker over your empire some day.
Celerity
(43,398 posts)U.S.-listed equity options volume.
According to the Wall Street Journal, about one-third of stock orders from individual investors is completed through Citadel, which accounts for about 10% of the firm's revenue. Citadel Securities also executes about 13 percent of U.S. consolidated volume in equities and 28 percent of U.S. retail equities volume.
In 2014, Citadel Securities expanded its market-making offering to interest rate swaps, one of the most commonly traded derivatives. By 2015 Citadel Securities had become the world's largest interest-rate-swap trader by number of transactions replacing Wall Street banks. During the coronavirus pandemic, Citadel Securities doubled its profit while generating $4 billion in revenue during the first half of 2020 due to an increase in volatility and retail trading.
In October 2020, Citadel Securities announced it would acquire the NYSE market making unit of rival IMC. The purchase made it the largest designated market maker (DMM) on the NYSE overseeing over 1,500 NYSE-listed securities. As of January 2022, the firm oversaw more than 2,000 listed securities.
In October 2020, Citadel Securities filed a lawsuit against the Securities and Exchange Commission over the SEC's decision to approve a new "D-Limit" order type for IEX. In August 2022, the firm continued its global expansion with a new office in Tokyo and announced plans to launch US fixed income offerings there.
https://en.wikipedia.org/wiki/Citadel_Securities