UnusualWhales

Citadel is to have its most profitable year ever
12/21/2022

Per Bloomberg: Citadel is to have its most profitable year ever with its flagship fund gaining roughly 32% through November.

This means that Citadel expects to return $7B to clients in January.

It is unclear the exact source of profts, as per Reuters reporting.

There are ongoing issues with Citadel's role as marketmaker and brokerages, with numerous controversies. SEC is ongoing to restructure the market, reportedly per Reuters. Ken Griffin has previously said that his market makers colluding with Robinhood "a bad comedy joke."

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