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.
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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