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by tombert 766 days ago
That doesn't surprise me; doesn't Citadel keep the entire bid-ask spread for every transaction they facilitate? Presumably between that and arbitrage opportunities that pop up from option contracts alone, I have no doubt that market makers clean up pretty well.

They wouldn't hire me either!

1 comments

Citadel has plenty of competition, eg from Jane Street. The markets for market making are some of the most efficient markets on the planet.