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Citadel Securities Saw ‘Astronomical’ Retail Trading in SpaceX

Citadel Securities Saw ‘Astronomical’ Retail Trading in SpaceX
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Citadel Securities Saw ‘Astronomical’ Retail Trading in SpaceX Retail investors poured into US stocks at a record pace on the day of SpaceX’s blockbuster initial public offering and are increasingly driving the broader rally in equities, according to Citadel Securities. SpaceX’s debut on June 12 coincided with the largest single day of net buying by individual investors ever recorded by Citadel Securities, which executes around 35% of all US-listed retail volume. Trading activity from the...

Citadel Securities Saw ‘Astronomical’ Retail Trading in SpaceX Retail investors poured into US stocks at a record pace on the day of SpaceX’s blockbuster initial public offering and are increasingly driving the broader rally in equities, according to Citadel Securities. SpaceX’s debut on June 12 coincided with the largest single day of net buying by individual investors ever recorded by Citadel Securities, which executes around 35% of all US-listed retail volume. Trading activity from the group spiked to unprecedented levels across both equities and options, according to data compiled by the firm.
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Originally published by Bloomberg Markets Read original →