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bfleschtoday at 1:47 AM2 repliesview on HN

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..


Replies

loegtoday at 1:49 AM

> Are they "trading" or "high-frequency-ripping-off-retail-investors"?

HFT doesn't cost retail investors anything.

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ianm218today at 1:51 AM

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.

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