High-Frequency Gain: Citadel Unit’s $1 Billion

“Citadel Investment Group LLC, known for its hedge funds, pulled in about $1 billion last year in a unit that does high-frequency trading.

The figure, which emerged this week in a Chicago court battle involving Citadel, shows just how lucrative this often-secretive trading practice can be.”
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Related posts:

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  2. JP Morgan: "High Frequency Predator Traders Feast Upon The Signals Of Others"
  3. Citadel’s Griffin-status quo in OTC ‘unacceptable’
  4. Citadel permits investors to again withdraw funds
  5. The Cold War in high frequency trading

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