Why the market giant Citadel is the first to profit from the revolt of individual traders

The standoff between individual traders and Wall Street has highlighted the power of Citadel, a low-key player, little known to the general public in Europe, whose influence has grown steadily in the markets in recent years.

Kenneth Griffin, founder of the Citadel hedge fund

The saga of small investors against Wall Street has revealed the power of social networks, capable of bringing together a crowd of individual traders behind huge speculative movements. But the WallStreetBets epic also shed light on the weight of Citadel, a discreet player, little known to the general public in Europe, whose influence has continued to grow in the markets in recent years.

An object of fascination, the financial empire built by Ken Griffin in just 30 years has become one of the favorite targets of individual traders on forums like WallStreetBets. It must be said that after a prosperous year marked by exceptional volatility, its founder rose to the third rank of the richest hedge fund bosses. With a fortune of $ 15 billion, he ranks just behind Jim Simons (Renaissance technologies) and Ray Dalio (Bridgewater).