{"id":12290,"date":"2009-10-02T06:56:19","date_gmt":"2009-10-02T10:56:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12290"},"modified":"2009-10-02T06:56:19","modified_gmt":"2009-10-02T10:56:19","slug":"citadel-earned-about-1-bln-from-high-frequency-trades","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/citadel-earned-about-1-bln-from-high-frequency-trades.html","title":{"rendered":"Citadel earned about $1 bln from high frequency trades"},"content":{"rendered":"<p>WSJ &#8211; Citadel Investment Group LLC earned about $1 billion last year from a unit involved in high frequency trading, the Wall Street Journal said, citing the testimony of a  former employee of the hedge fund firm.<\/p>\n<p>According to the Journal, Mikhail Malyshev, a former Citadel trader and accused by the firm of violating non-competitive agreements, testified in a Chicago court that the unit also posted returns of $892 million in 2007, up from $75 million in 2005, and about $3 million in 2004.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/fundsFundsNews\/idUSBNG54794820091002\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Citadel Investment Group LLC earned about $1 billion last year from a unit involved in high frequency trading, the Wall Street Journal said, citing the testimony of a former employee of the hedge fund firm. According to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11148,3495,4464],"class_list":["post-12290","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-fund","tag-high-frequency","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12290"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12290\/revisions"}],"predecessor-version":[{"id":12291,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12290\/revisions\/12291"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}