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Unlocking Hidden Opportunities: Dennis Dick and Michael Gayed Talk Market Inefficiencies

Lead-Lag Live

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Citadel and Vertu: A Unique Way to Generate Profits

Citadel and Vertu are two of Robinhood's biggest retail market makers. When you send an order from your account at Robinhood, it typically goes to what is called a wholesale or which is Citadel or Vertu,. So they're just basically trying to capture the spread. Currently, if you look at your most liquid stocks like Apple, they've typically traded with a one cent spread. Some of your mid caps trade with a little wider spread.

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