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But when did citadel actually become what it is today? It was "just" a hedge fund through at least GFC times, no?
The ‘01 date is Citadel Securities - Citadel the hedge fund was founded in the early 90s
Right but when did the MM overtake the HF biz? Agree that for your purpose it's perhaps irrelevant. But imo as one of the most significant players now, their story is inextricable from the whole evolution of this kind of HFT
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