InvestorsHub Logo
Followers 31
Posts 2204
Boards Moderated 0
Alias Born 01/09/2017

Re: skitahoe post# 630441

Tuesday, 09/12/2023 6:30:26 PM

Tuesday, September 12, 2023 6:30:26 PM

Post# of 711029
I asked ChatGPT whether Citadel is a HF or a MM (see answer below): The problem for us/advantage to them is that they are both! A HF, with MM “status”… which allows for regulatory wiggle room, for them, when they “trade”.

Anyway, from ChatGPT: “Citadel is a financial institution that operates as both a hedge fund and a market maker.

1. **Hedge Fund**: Citadel manages hedge funds, which are investment funds that pool capital from investors and use various strategies to generate returns. Citadel's hedge funds engage in a range of investment activities, including equities, fixed income, commodities, and more.

2. **Market Maker**: Citadel is also known for its market-making operations. As a market maker, it participates in financial markets by facilitating the buying and selling of financial instruments like stocks, options, and other securities. Market makers help provide liquidity to markets and play a crucial role in ensuring that buyers and sellers can transact efficiently.

Citadel's business model includes both of these aspects, and the company is one of the prominent players in the financial industry, with operations in various sectors of finance and investment.”

Hmmm. Not your typical MM, just providing liquidity to the market.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News