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by snowwrestler 1970 days ago
I would believe Justin got that tip but that does not mean it was true.

It doesn't even make a lot of sense as the part of Citadel that executes trades cannot talk to the part of Citadel that takes short positions, and vice versa.

1 comments

You really believe that the departments don't communicate? Once again, finding out that a lot of people see the world very differently than me. Why don't you think they communicate? It seems so clear to me that the departments work in cohort behind closed doors.
> Why don't you think they communicate?

Probably because it’s the law that there’s barriers put in place, that’s why? Like some communication will inevitably happen, but there are compliance teams who’s job it is to ensure it’s at a minimum.

In my mind I was assuming that there is some communication between the two groups. Not at work, and definitely not where you can be overheard, but it just seems crazy to me that they don’t talk at all. But I’ve never been in a position to actually know, im just assuming.
I’m sure there is some friendly banter, but I also assume they’d not risk it. Compliance in this context would be very invasive to an average person not in the field, like monitoring your communications, social media, call logs, etc, so I’m not sure they’d risk just casual banter of prohibited topics.