[slt2021]

  Citadel gross trading profit totalled $28bn last year, 

https://www.hedgeweek.com/citadel-makes-record-16bn-profit/#....

60B is a balance at a specific date 12/31/2022, they trim the balance by the EOY and harvest losses.

the average balance is much bigger and fluctuates heavily given market demand.

UPD: I stand corrected, the market making arm only made meager $5,000,000,000 for the 6 months, so more like 10,000,000,000/year, not 28

https://www.nasdaq.com/articles/citadel-and-jane-street-set-...

[gruez]

"Citadel Securities is a separate entity from the hedge fund Citadel LLC"

https://en.wikipedia.org/wiki/Citadel_Securities

The market maker boogeyman is Citadel Securities, not Citadel LLC.

[taway789aaa6]

Assuming that they have a proper firewall between the two and there are no conflicts of interest..