Are they "trading" or "high-frequency-ripping-off-retail-investors"?
It's easy to make paper billions with synthetic shares and infinite deadline extensions for settlement. I'm old and still remember when Ken Griffin was lauded a clever person before he got caught with his hands in the GME mayo jar..
Isn’t Ken Griffin still considered very clever? Citadel is one of the most successful hedge funds of the is era and has largely accelerated since 2020.
> Are they "trading" or "high-frequency-ripping-off-retail-investors"?
HFT doesn't cost retail investors anything.