Citadel Loses Lawsuit to IEX and the SEC: A win for Retail
Will this be the groundwork to combat latency arbitrage? Or will Citadel find a new way?
#citadel
#kengriffin
#stocks
#stockmarket
#marketmaker
Original Case:
https://www.bloomberg.com/news/articles/2021-10-25/citadel-securities-brawl-with-sec-over-iex-order-goes-to-court#xj4y7vzkg
Appeal Document:
https://www.cadc.uscourts.gov/internet/opinions.nsf/0/4E680EDE202B152E8525888E0051AE8C/$file/20-1424-1956972.pdf
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