In the Media

Individual traders — traditionally one of the stock market’s most bullish cohorts — turned net sellers of US equities and options last week on Citadel Securities’ platform, according to Scott Rubner, an occurrence seen just 18 times since January 2020.

Investors are wrong to bet the European Central Bank will raise interest rates this year while the Federal Reserve cuts, Citadel Securities said, arguing that the oil-price surge makes such policy divergence unlikely.
Photo Source: The European Central Bank headquarters in Frankfurt. Photographer: Alex Kraus/Bloomberg

The rapid expansion of artificial intelligence is unlikely to trigger mass job losses, according to a research note by Citadel Securities, pushing back against a widely circulated report that roiled markets this week.

With Wall Street frantically repricing shares in software makers threatened by AI tools, one group of investors is lining up to buy the dip.

January retail net inflows ran more than 50% above the same period last year, according to Citadel Securities data. That pace of buying from the retail crowd is difficult to maintain, particularly in February, a seasonally slower month for equities.

Sam Berberian, global head of credit trading at Citadel Securities, expects transaction costs over time to likely decline as a result of better liquidity and better transparency, which would be a clear benefit for investors.