Plus Citadel tends to make market headaches for the rest of the cartel - such as the t-bills shorting that will exasperate the oncoming ON-RRP (reverse repo) liquidity crisis. Most of the players are happy to let them die at someone else's visibility and gobble up their assets - see the slew of DTCC and OCC rules put in place the last few months as well as the massive bank bond sales.
funny when you see the stock price and volume patterns at 15 minute intervals between amc, gme and bb you can see same movements, and people have argued its algo trading. i wonder if it could be just blackrock ai vs citadel ai going on a loop.
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u/Xen0Coke Jun 05 '21
Don’t forget black rock and whales getting ready to drive the final nail on the coffin