Citadel Securities just dropped their Q3 numbers, and things are looking pretty solid. Their net trading revenue took a nice jump this quarter—enough to put them on pace to smash last year's record.

What's driving it? The firm's been grinding hard to capture order flow from both sides of the fence: retail traders and institutional players. They're competing globally now, filling orders across markets.

If this momentum holds through Q4, we could be looking at a banner year for one of the biggest market makers in the game. Worth watching how this plays out as year-end approaches.

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GasFeeNightmare

· 13h ago

Net trading income has hit a new high again, these people are making a killing while we're still calculating gas fees haha --- The order flow is so strong? I just want to know if their gwei cost is ten times lower than ours --- I came across this late at night, it's another day where others have impressive numbers, and I'm still getting stuck on the cross-chain bridges --- Both retail and institutions want it, this is the joy of monopoly, so annoying --- Breaking last year's record? My wallet is still stuck in last year --- Global competition to fill orders sounds ridiculous, why don't I have such opportunities --- If it continues to rise in the fourth quarter, my Miner tips are going to break through again --- Seeing this kind of news too often just makes me more anxious, it's better to follow the gas tracker to save money

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CountdownToBroke

· 12-01 16:54

Can dropping the numbers still look good? This logic is a bit extreme... Citadel is bleeding again, both retail investors and institutions have to be drained, who can win playing like this? Net trading income rise? Break last year's record? Why do I feel it's all just paper talk... Global competition, filling orders... in plain terms, it's all about collecting fees everywhere, right? Year-end sprint, this is the rhythm of harvesting the last wave of suckers In this "glorious year", the ones who get hurt are always us small retail investors, really can't hold on.

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ConsensusDissenter

· 12-01 16:52

Citadel is bragging again... Where's the real number? --- With so many order flows, the retail investors suckers must be played people for suckers even more. --- Wait, is it dropping numbers or raising numbers? The title hasn't made it clear. --- When the MM's are making a killing, it's time for the market to be cautious. --- Continuing to soar in the fourth quarter? I think it's unlikely, anyway, I don't believe it. --- Sounds nice, but isn't it just vampires sucking blood? --- Global competition to fill orders, in plain terms, it's a Liquidity power game. --- Breaking records sounds great, but is it a good thing for retail investors? --- Citadel making money = retail being harvested, this formula seems to always hold true.

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NFTHoarder

· 12-01 16:51

The drop in the third quarter numbers still looks pretty good... this logic is quite interesting. Citadel is crazily playing people for suckers with order flow, not letting go of retail and institutional orders, it's really ruthless. Wait, with this momentum heading into the end of the year, could it be paving the way for what's coming next... Is it true? Net trading revenue is so strong? I wonder how crazy the market must be. Speaking of their global competition, does anyone think it's a bit over the top? If it continues like this in the fourth quarter, the legendary manufacturer truly lives up to its name. But I always feel like this "glorious year" statement has a hint of laying mines for next year...

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UnluckyMiner

· 12-01 16:30

citadel is really stable this time, feels a bit too intense These numbers look good but something feels off... How can they handle so much order flow, have they really monopolized it? It's the end of the year, let's see if we can surge again, anyway this guy never disappoints To put it bluntly, it's still relying on retail suckers to support the scene.

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TokenomicsTherapist

· 12-01 16:29

Net trading revenue is experiencing a big pump... Is Citadel going to monopolize again? --- Retail investors and institutions are sending them orders, this business is really good --- Globally spreading out to grab order flow, this is what market makers should be doing --- If it continues like this in Q4, the end of year numbers will be impressive --- In plain terms, it's about eating from both sides, whoever holds the order flow wins --- The momentum is good, but we have to wait for Q4 data to brag --- Market makers still rely on liquidity to make a living, Citadel is still playing the same old game --- At the end of the year, everyone is pushing for performance, it's interesting.

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