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delerious1

04/25/24 11:42 AM

#67134 RE: Jp_SHMP #67118

With OTC it's hard to read true Market Depth since most is missing but IMO most of Citadel's day to day is them using HFT apps to make multiple swingtrades , especially on non volatile days with lotsa volume.....$175k value has traded today so far,,,,for an app any part of that is good money

"What Are High-Frequency Trading (HFT) Firms?
Estimates put about half of all trading across the U.S. (up to 60%) and Europe (about 35%) in the high-frequency category.

HFT companies employ diverse strategies to trade and force returns from faster-than-lighting trades. The strategies include arbitrage; global macro, long, and short equity trading; and passive market making."