The best Side of Reuters
The best Side of Reuters
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If the 2000s arrived, ushering within an period of technological creative destruction on Wall Street and in American business, Susquehanna diversified and was adept at staving off obsolescence.
Yass’s primary trading rule can be the mantra of every poker pro: there isn't any surer method to win, than to guess versus someone that is dumber or considerably less seasoned than you, in any other case referred to as the “mark” at any poker desk. On Wall Road, Robinhood is while in the business of cultivating and serving up countless marks day by day.
Gambling continues to be unlawful some destinations + i dont take into account business bet/ even though the WSJ notes/pretends it is actually constantly/LOL
Yass is the cofounder and head of a worldwide trading powerhouse named Susquehanna Intercontinental Group. His business is the biggest trader of listed inventory options in the usa by some measures and like Citadel, Susquehanna’s proficient traders devour the purchase movement coming from no cost buying and selling applications like Robinhood.
That 15% financial investment is now valued at about $30 billion, rivaling the value of Susquehanna alone. To put this outstanding possession stake into viewpoint, Susquehanna owns about just as much of TikTok as Mark Zuckerberg currently click here owns of Facebook. Take a look at a beautiful chance reward opportunity for a $5 million lottery ticket.