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Another 🧩- Have we uncovered an ally whale or another conflict of interest? GTS- Friend or Foe?
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Paging u/Dannyboi93 and u/sharkbaitlol (we just talked about conflicts of interest) This is from a private message I believe Danny also received. Posting for u/bleppuh because they don't have the karma. Message below:

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This is related to the pump and dump post. Particularly about why GTS also appears with citadel in that post. Something felt really off so, i had to look

i'm not a smart ape, i don't know what this all means. I just google this stuff. So first results. https://www.businessinsider.com.au/sec-slack-unicorn-tech-listings-2019-12 They are still not connected. Just slack technologies llc and Citadel.

But then I find this, there's paywalls, but thanks to google, i only needed a part. Mind you, these are ooold articles. They seem to have some history. I'll take the most important sentence for you.

"In total, Citadel Securities’ market share stands around 41% of NYSE listings, compared to 35% for rival GTS"

https://www.wsj.com/articles/market-making-arm-of-citadel-llc-in-talks-to-buy-seats-on-nyse-floor-from-kcg-holdings-1454533971 "New York-based GTS, which is seen as Citadel Securities' main rival in the DMM business, oversaw trading in 37% of the stocks on the list."

https://www.businessinsider.nl/citadel-securities-is-growing-its-dmm-business-2018-7/?jwsource=cl "The deal comes after Global Trading Systems, the New York-based high-frequency trading firm, last month said it agreed to buy the NYSE seats of British bank Barclays PLC."

(The deal meaning Citadel pushed to buy seats on NYSE, this article is from 2016)

So, skimming the MSM, it tells me that they're rivals. Maybe you just found a whale that's fighting with the apes?

but I've found something odd.. One guy.. with the wrong profile picture. https://rocketreach.co/ryan-sheftel-email_1019352 Partner at GTS but check his "work" Global Head of Rates Quantitative Automated Trading @ Credit Suisse Principal and Chief Investment Officer @ Malbec Quantys Fund Director, Portfolio Manager @ Citadel Llc

So i googled him, the profile picture gives me something else? But it is on the official GTS site hm.. https://gtsx.com/ryan-sheftel/ This should be the same guy. So there's a shitadel guy in GTS. what the fuck is happening? Didn't I see a post of credit suisse buying GME shares recently? Citadel is in the news, and now GTS springs up, leading me to this guy. https://www.reddit.com/r/Superstonk/comments/mo1lj9/credit_suisse_just_bought_90k_shares_of_gme_on/ google search is ["Global Trading Systems" citadel] without the brackets. His profile should be second link from the bottom up. Are they friends or rivals? I have no fucking clue.

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3 years ago