Nascent strategy would have firms deal with their clients, while market-maker handles the behind-the-scenes mechanics https://www.bloomberg.com/news/arti...e-up-banks-trading-desks?srnd=homepage-europe Much of its revenue comes from using algorithms to capture and profit from tiny differences in prices across asset classes — gains that can add up when deployed at scale in markets that weren’t yet fully automated. The firm’s growing role in equities markets rose to national prominence a few years ago during the pandemic and meme-stock frenzy, which pushed trading volumes to record heights. In the US, Citadel Securities now commands roughly 37% of listed retail stock trades and almost a quarter of all equity trades.
%% I have a Bloomberg news account, but seldom read it intraday. JLN has a free ,easy to get to read. Interesting[Edit. found it thru GOOG search]
https://johnlothiannews.com/citadel-securities-crafts-plan-to-shake-up-banks-trading-desks/ Bloomberg TAKES free public press releases... turns them into Bloomberg articles and forces curious users to subscribe to this free news... on Bloomberg... When being a Billionaire is just not enough...
I can't even read THIS article on Bloomberg... I am blocked... Let alone their additional other Bloomberg articles... Murray and I are pointing out how many articles on bloomberg are free on other websites... I was taking the time to do this service to others... so ? What is the point of your statement ?
Why would you spend time complaining about my complaining.. When my complaining was an act of service and yours was not This is like complaining Cubed...
I don’t think your complaining was accurate: Bloomberg didn’t just take a regurgitation of a publicly available PR release. the link you provided literally was just a regurgitation of Bloomberg’s article.
Good Sleuthing... My prior response to your prior response regarding the stipulated over complaining was not JUST about this one Bloomie article... but most Bloomie links... which can be found on other outlets to read for NO Charge... So this is My service to mankind... A humble one... Yes no question. and to repeat my service... Bloomie articles that they charge for can usually be read on other outlets for FOR FREE... I have really enjoyed our discussion about nothing... Can we continue we this or any other triviality you might wish to dissect to the atomic level... It is quite exciting.