Anonymous ID: 54f528 Feb. 19, 2021, 7:25 a.m. No.60076   🗄️.is 🔗kun   >>0086 >>0095 >>0147 >>0170 >>0240 >>0370

Ken Griffin rejects the idea that Citadel uses personal information from retail investors

 

Citadel CEO Ken Griffin dismissed the idea that the firm improperly uses information it garners from its market-making operation as it comes under scrutiny from Congress about its role in the GameStop mania last month. “I think there’s been a number of misperceptions about the data we receive from the brokerage community. In fact, a prominent U.S. Senator asked us specifically about what personal identifying information do we receive from retail investors. The answer is none,” Griffin told CNBC’s Andrew Ross Sorkin on CNBC’s “Squawk Box” Friday.

 

Market makers, such as Citadel Securities, pay e-brokers like Robinhood for the right to execute customer trades. The broker is then paid a small fee by the market makers for the shares that are routed, which can add up to millions when customers trade actively. Robinhood received more than than $221 million in “payment for order flow” in the fourth quarter of 2020.

 

However, market makers have come under scrutiny, especially in the context of the GameStop trading turmoil, about the information they are able to garner from the flows of retail clients. In some cases, critics speculate how Citadel, which runs hedge fund and market-making operations as separate business units, could use that information. “This conspiracy theory that we some how or another are like some of the big tech giants that have access to personal identifying information is just flat out false,” said Griffin. “We have a price, quantity, a limit. That’s what comes to us in an order from a retail broker.”

 

Citadel Securities executes roughly 40% of all retail volume, Griffin told the House Financial Services Committee on Thursday during the GameStop hearing. “We receive an order and as the party that has to execute that order what we look at at the moment of receipt is what are the various options that we have to achieve the very best execution for that order,” said Griffin. “We are not permitted to trade in front of that order, any execution that we can achieve in the context of the market for fulfilling that order we must provide back to the retail investor, sometimes even with our pricing improvement that we add on at the moment of execution.”

 

Griffin, along with the CEOs of Robinhood, Reddit and Melvin Capital, were pressed by members of the House on Thursday regarding last month’s epic short squeeze in GameStop’s stock. The Citadel chief defended a controversial method brokerages use to make money, payment for order flow, and said his firm would adapt if new regulations prohibited the practice. Robinhood and other brokers rely on payment for order flow as their profit engine in lieu of commissions.

 

Griffin was also pressed about the relationship between Citadel Securities and Citadel the hedge fund, which injected $2 billion into Melvin Capital once the hedge fund took major losses from shorting GameStop. However, Griffin repeatedly denied the firm had anything to do with Robinhood’s decision to restrict trading in GameStop. Robinhood has said that move was done so it could meet capital requirements from its clearing firm.

https://www.cnbc.com/2021/02/19/ken-griffin-rejects-the-idea-that-citadel-uses-personal-information-from-retail-investors.html

Anonymous ID: 54f528 Feb. 19, 2021, 8:16 a.m. No.60093   🗄️.is 🔗kun   >>0095 >>0147 >>0170 >>0240 >>0370

AF2 USAF C-40B continues west from JBA and picked up a wingman out of Scott AFB

AVLON47 out of Scott AFB took up position behind and off AF2 pilot's right side-bout 2k ft below

unidentified AC-could be a Learjet-those plentiful out of Scott

Anonymous ID: 54f528 Feb. 19, 2021, 8:40 a.m. No.60103   🗄️.is 🔗kun   >>0147 >>0170 >>0240 >>0370

Bitcoin hits $1 trillion market cap, soars to another record high

 

Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an “economic side show” and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a weekly jump of more than 11%. It has surged roughly 64% so far this month and was last up 5.5% at $54,405.

 

Bitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla and Mastercard to BNY Mellon.

 

All digital coins combined have a market cap of around $1.7 trillion.

https://www.reuters.com/article/crypto-currency-bitcoin/update-2-bitcoin-hits-1-trillion-market-cap-soars-to-another-record-high-idUSL1N2KP0P4

Anonymous ID: 54f528 Feb. 19, 2021, 8:57 a.m. No.60110   🗄️.is 🔗kun   >>0147 >>0170 >>0240 >>0370

UK Court Blocks Release of HSBC Papers in Huawei CFO Fraud Case

 

A British judge on Friday blocked the release of internal HSBC documents relating to U.S. fraud allegations against Huawei Chief Financial Officer Meng Wanzhou.

 

Meng is facing charges of bank fraud in the United States for allegedly misleading HSBC about Huawei's business dealings in Iran, causing the bank to violate U.S. sanctions.

 

She has been under house arrest in Canada since being detained at Vancouver airport in 2018 and has become one of the most high-profile figures in a trade war between China and the United States.

 

In a hearing at Britain's High Court last week, her lawyers argued that the charges against her were based on a presentation she gave to a senior HSBC executive in 2013.

 

The legal team said that "an incomplete version" of her statements in the presentation had been presented by U.S. authorities and asked the court to order the release of HSBC documents detailing the contents of the meeting.

 

The judge's written judgment on Friday declined Meng's application and ordered her team to pay legal costs of 80,000 pounds ($111,936).

 

A Huawei spokesman said: "Huawei is disappointed by today's court ruling. The pursuit of justice benefits from access to relevant information and clarity of fact."

 

An HSBC spokeswoman said: "This application for disclosure in the UK was without merit and we are pleased that the High Court agreed with our position."

https://money.usnews.com/investing/news/articles/2021-02-19/uk-court-blocks-release-of-hsbc-papers-in-huawei-cfo-fraud-case

Anonymous ID: 54f528 Feb. 19, 2021, 9:03 a.m. No.60111   🗄️.is 🔗kun   >>0112 >>0113 >>0115 >>0117 >>0147 >>0170 >>0240 >>0370

Welcome Guardians!17Airmen from @EdwardsAFB transferred into the Space Force Feb. 11

https://twitter.com/SpaceForceDoD/status/1362767399121014786

 

Edwards AFB conducts Space Force Transfer Ceremony

The 412th Test Wing hosted a ceremony for 17 Airmen who have transferred as Guardians in the Space Force at Edwards Air Force Base, California, Feb. 11.

 

The Airmen were assigned to the 412th TW as well as those assigned to different mission partners stationed at Edwards AFB. The ceremony took place in front of the historic Hangar 4305 where the first U.S. jet aircraft, the Bell P-59 Airacomet, was assembled and housed during developmental flight tests.

 

“It’s our ability to lean forward into the straps to explore new domains and we can have confidence in knowing that we do dominate the air ways, we dominate the seas, and we will, here, because of everything you all are about to embark on, dominate space,” said Col. Randel Gordon, 412th Test Wing Vice Commander. “Thank you for having me to be in the cradle of such a historical base, where we’ve made so many strides within our own atmosphere, to be sitting here among heroes who are going to make significant strides outside of our atmosphere.”

https://www.aftc.af.mil/News/Article-Display/Article/2503507/edwards-afb-conducts-space-force-transfer-ceremony/

Anonymous ID: 54f528 Feb. 19, 2021, 9:41 a.m. No.60124   🗄️.is 🔗kun   >>0147 >>0162 >>0170 >>0240 >>0370

Kamel Toe going to LAX methinks

AF2 USAF C-40B continues ws from JBA

Sent a C-17 with the 'T' attached to callsign into LAX on 0217 as well as a trip by the 99th Airlift Wing (our KAF AC of interdast) this week as well.

Cap#2 is it departing Peterson after a ground stop-inbound from LAX depart

Anonymous ID: 54f528 Feb. 19, 2021, 10:43 a.m. No.60151   🗄️.is 🔗kun   >>0170 >>0240 >>0370

>>60125

Looks like muh initial report of Fauxtus on 09-0016 is correct-on descent for Kalamazoo, MI Battle Creek Int'l Airport

 

09-0016 USAF C-32A on descent for Kalamazoo, MI with 09-0017 USAF C-32A continuing nw mebby to Grand Rapids or Green Bay

Anonymous ID: 54f528 Feb. 19, 2021, 11:10 a.m. No.60158   🗄️.is 🔗kun   >>0170 >>0240 >>0370

Biden Administration Prepares Way For Banks To Refuse Service To Democrats’ Enemies

 

Amongst the record-breaking number of executive actions taken by President Joe Biden was one related to a little-known, frightening Obama-era program called Operation Choke Point. The program, dubbed so under former Attorney General Eric Holder, uses the power of the federal government to target legal yet leftist-disfavored businesses. These include gun sellers, pawnshops, and short-term money lenders.

 

The Trump administration did its best to end this blatantly unconstitutional program that sought to discriminate against legal industries. In 2017, the Justice Department declared the program “formally over.” At the end of Trump’s term, the Office of the Comptroller of the Currency established the Fair Access rule to solidify its culmination.

 

But on Jan. 28, the Office of the Comptroller of the Currency under President Biden announced it would pause the Trump-era rule intended to prevent another Operation Choke Point from happening again.

https://thefederalist.com/2021/02/19/biden-administration-prepares-way-for-banks-to-refuse-service-to-democrats-enemies/

Anonymous ID: 54f528 Feb. 19, 2021, 1:24 p.m. No.60175   🗄️.is 🔗kun   >>0182 >>0240 >>0370

Not AF1

09-0016 USAF C-32A departed Kalamazoo, MI se

09-0017 USAF C-32A departed Milwaukee Int'l and was on hold north of Toledo, OH for 09-0016

Both AC's se back to JBA

Anonymous ID: 54f528 Feb. 19, 2021, 1:38 p.m. No.60185   🗄️.is 🔗kun   >>0188

>>60181

they are not going to stop that as they are completely dependent on forcing that narrative.

Married to that bullshit

They might even make a deal but DO NOT TRUST THEM

Anonymous ID: 54f528 Feb. 19, 2021, 1:59 p.m. No.60198   🗄️.is 🔗kun   >>0240 >>0370

Chinese fighters buzz Taiwan's air zone as it appoints new defense minister

 

Taiwan’s air force scrambled on Friday after eight Chinese fighter aircraft flew into the southwestern part of its air defence zone in another display of stepped-up military activity around the democratic island.

 

Beijing, which claims Taiwan as Chinese territory, says it is responding to what it calls “collusion” between Taipei and Washington, Taiwan’s main international backer and weapons supplier. The Taiwanese Defence Ministry said four Chinese J-16s and four JH-7s as well as an electronic warfare aircraft flew near the Taiwan-controlled Pratas Islands in the top part of the South China Sea. The air force scrambled, with “radio warnings issued and air defence missile systems deployed to monitor the activity,” the ministry said. Chinese aircraft fly in the southwestern corner of the zone on an almost daily basis, though the last such large-scale incursion was on Jan. 24 when 12 Chinese fighters were involved. There was no immediate comment from China.

 

Shortly before the ministry’s statement, Taiwan announced a reshuffle of senior security officials including a new, U.S.-trained defence minister, to help bolster military modernisation and intelligence efforts.

 

President Tsai Ing-wen has pledged to defend the island and has made modernising its armed forces a priority, including developing a fleet of new submarines, buying new F-16 fighters from the United States and upgrading its warships. National Security Bureau Director-General Chiu Kuo-cheng, who graduated from the U.S. Army War College in 1999, would replace Yen De-fa as defence minister, Presidential Office spokesman Xavier Chang told reporters. The president expected Chiu to complete the next stage of military reforms, including planning for “asymmetric warfare”, focusing on high-tech, mobile weapons designed to make any Chinese attack as difficult as possible, Chang said. Chiu’s old job as intelligence chief will be taken by Taiwan’s top China policy-maker, Chen Ming-tong, now head of the Mainland Affairs Council. “The most important task of the National Security Bureau is to understand and have a grasp on China,” Chang said. They will take up their posts next week.

 

China announces its 2021 military budget next month at the annual meeting of parliament, a figure closely watched as an indication of its strategic intentions. Last year it set a rate of increase at a three-decade low as the economy wilted during the COVID-19 pandemic.

https://www.reuters.com/article/us-taiwan-china-security/chinese-fighters-buzz-taiwans-air-zone-as-it-appoints-new-defence-minister-idUSKBN2AJ15I

Anonymous ID: 54f528 Feb. 19, 2021, 2:04 p.m. No.60199   🗄️.is 🔗kun   >>0204

>>60197

>We don't need to war with our neighbors as the rounds come in.

They created all of it and I agree peace would be better but due to the amount of bullshit they have manufactured on almost everyone here that is not up to this side.

When they fire up the " /comms is responsible for_" bullshit yes I will go after them but it's only when KING faggot and his lackey's start it up.

They can't help themselves

Not gonna change no matter wut they say.

i refuse to negotiate with anyone who has gone to the lengths they have to facilitate and implement their agenda

Anonymous ID: 54f528 Feb. 19, 2021, 2:17 p.m. No.60206   🗄️.is 🔗kun   >>0240 >>0370

Not AF1 09-0016 began it's descent to JBA from Kalamazoo, MI

USAF C-32A 09-0017 landed a few minutes ago

99-6143 USAFSOC C-32B heading across the pond after a ground stop at Bragg.

Anonymous ID: 54f528 Feb. 19, 2021, 3:04 p.m. No.60234   🗄️.is 🔗kun   >>0240 >>0370

Italian Navy Cavour Aircraft Carrier Arrived At Naval Station Norfolk In Preparation For The F-35B Certification

 

The Italian Navy Cavour aircraft carrier (CVH 550), the flagship of the Marina Militare (Italian Navy), arrived at Naval Station Norfolk (Virginia) on Feb. 13, 2021 in preparation for the ship’s F-35B certification campaign with the U.S. Marine Corps. In about two weeks, the ITS Cavour will leave Norfolk to begin the main portion of the “Ready for Operations” deployment, embarking an F-35 Joint Program Office (JPO) test team to conduct sea trials with the new F-35B.

 

The deployment was announced last month by the Naval Attaché at the Italian Embassy in Washington DC during the Surface Navy Association (SNA) 2021 virtual Symposium. The ITS Cavour left its home port in Taranto on January 28 and made a quick stop in Rota (Spain) before beginning its 10-day crossing of the Atlantic Ocean on its way to the United States, where it arrived after a total of 17 days.

Towards the end of the navigation, the Italian ship conducted a three-day interoperability exercise, from February 10 through 12, with the Arleigh-Burke class guided-missile destroyer USS Stout (DDG-55) in the Western Atlantic, with support from Carrier Air Wing (CVW) 7 and Patrol and Reconnaissance Wing (CPRW) 11. Specific events included integrated ship maneuvering, low-slow-flyer detect-to-engage, Anti-Surface Warfare (ASW) training with P-8As Poseidons, air defense/air intercept control event with F/A-18s Super Hornets and C5I (Command, Control, Communications, Computers, Collaboration and Intelligence) interoperability events.

https://theaviationist.com/2021/02/19/italian-navy-cavour-aircraft-carrier-arrived-at-naval-station-norfolk-in-preparation-for-the-f-35b-certification/

Anonymous ID: 54f528 Feb. 19, 2021, 3:30 p.m. No.60255   🗄️.is 🔗kun   >>0258

>>60252

tough shit faggot

Who in the fuck is "US"?

Always the same shit with you…no responsibility for any of your rail-road jobs taht you conjured up and forced into general but hey "We don't like this"

 

Get fucked shitbag

Anonymous ID: 54f528 Feb. 19, 2021, 4:09 p.m. No.60305   🗄️.is 🔗kun

>>60299

It really doesn't matter as you have already started the accusations last night with captain bold text cryin' about your own bunch o dipshits removing posts and blaming (insert latest name here).

Do you honestly think they would do that??

 

so help me here bro…Cap#2 Not a conflict of interest??

 

Thanks….

Anonymous ID: 54f528 Feb. 19, 2021, 5:27 p.m. No.60382   🗄️.is 🔗kun

SAM593 USAF C-40B (State Dept AC) departed JBA earlier and had a ground stop at Mather Airport-Mather AFB just east of Sacramento after a ground stop, refuel and mebby a crew change.

 

KANSAS used this one a lot