Welcome back to the channel everyone today, i want to talk to you about how citadel hired our buy orders about how they don't report transactions to finra and how they root buy orders through a dark pool by routing their sell orders directly to the market. Trust me guys: we do not want to miss this video, so stay tuned and let's make some money, but before i dive into the video, i just want to give a massive shout out to the 1600 of you that have currently ding that notification bell, because you Guys are always the first to watch a new video as soon as it's released so guys be sure to drop a like down below subscribe to the channel and ding that notification bell, so that you don't miss another video. Just like this one, and now i want to dive straight into the key information. So citadel connect as managing risk via off exchange trading has become more important.

Institutional investors must connect to alternative sources of liquidity. Citadel connect our innovative, immediate or cancel order platform is one of the fastest growing sources of off-exchange liquidity in the u.s equities market. Providing access to our principal liquidity for 8 000 exchange listed securities citadel connect enables us to provide investors through their executing brokers, with efficient, reliable and cost-effective access to our deep, unique principle liquidity. How we do it citadel connect aims to deliver extensive transaction cost savings.

Competitive fill rates, minimal market impact and a fully customized trading experience. Our teams ensure seamless integration with this platform by using a diverse range of client trading infrastructures and routing technologies. Therefore, citadel connect sounds very much like a dark pool and they can offer their investors minimal market impact. But let's go one step further.

Citadel security is to close apogee dark pool citadel securities, a top market maker in u.s stocks and listed options, plans to shutter its apogee dark pool to focus on another of its off-exchange stock trading. Venues called citadel connect according to people with direct knowledge of the matter. Apogee ranked 18th out of 37 ux dark pools which, like exchanges, matches buyers and sellers of a stock, but without disclosing pre-trade information, so that trading interests remain hidden by volume. In the latest statistics from the financial industry regulatory authority, don't forget, this is only 18th of 37 reported dark pools as you'll find out.

There's a lot more that aren't reported a little over 39 million shares were traded through apogee in the week of march. The 2nd finra said connect is averaging around five times the volume of apogee according to a person with knowledge of the matter, but who asked to remain anonymous because the information is not public, unlike apogee. Connect is not classified as an alternative trading system, so it's not classified as a dark pool and therefore does not report trading volumes to finra. Therefore, they don't need to report, buy orders or sell orders or short orders.

Therefore, any trades that go through citadel connect won't count as short interest. Op exchange trading venues have come under increased scrutiny, with several regulators actively investigating potential securities fraud and market manipulation. Inside of them. The pressures have added to increase costs for brokers, forcing them to rethink the value of running multiple trading venues and here's.

The kicker in connect citadel makes active retail orders. It's bought from retail brokerages, available to institutional investors and other firms. Therefore citadel actually show other investors. Our orders and then hide them directly through this still connect platform which doesn't have to report to finra very few stock orders that retail investors place with their brokers, such as charles schwab, td, ameritrade or fidelity go through public stock exchanges such as intercontinental exchanges, new york Stock exchange, instead, the brokers send the orders to other brokerage firms like citadel or kgc holdings, which trades against the incoming orders and then send the leftovers to other internalizers dark pools or, as a last resort exchanges.

Therefore, most of our orders go through citadel and they either take the other side of the trade, or they just put it through the dark pool. As a last resort, though, will they actually put it on the public exchange most of the time? It goes through that dark pool by doing this, the retail brokers not only avoid paying fees to the exchanges for active orders, but actually receive payments and trading rebates from the off exchange trading venues the payment for order flow. I think this is exactly what the problem is at the moment. Citadel are routing our buy orders through their citadel connect platform and therefore, don't have to report those transactions to finra, and instead, when someone wants to sell a stock or shorter stock, they stick it directly.

On the exchange, and therefore the price is impacted, obviously our orders aren't being put through the market and that's why that amc price isn't going up, even though the apes have still been buying. That's why there's been such a significant decrease in volume over the last few weeks as most this volume is now being rooted through dark pools, but let's have a look at a bit more positive side of things. Amc stock 300 price target amc stock recently completed an initial technical reaction. Fibonacci retracements of the move from the low on may 6, 2021 to the high on june, 2nd 2021 show how yesterday's test of the 61.8 fibonacci occurred and here's how that retracement occurred.

If you look from the low to the top here's our perfect retracement of the 61.8 fibonacci on wednesday short sellers were already targeting this level. The daily low was formed at 33.27, just five cents away from the technically magical level. Apparently, it was necessary to join forces in order to make the ultimate breakthrough on the following day. Previously, the neckline, but not quite ideal, sks formation was broken on tuesday on a closing price basis.

Contrary to all the prophecies of doom, the undermining of the neckline did not result in a free fall. On the contrary, yesterday's price action even looks encouraging, as the 61.8 fibonacci withstood the pressure. At the same time, the volume reached its highest level since june 21st, while an ice cream candle body was formed with only a small wick. By the end of the day, a whopping gain of 7.69 was recorded on friday.

Amc was already up. Another 5.5 in pre-market trading. Obviously some of the apes have kept their word and rebought, so the trip to the moon doesn't fall due to lack of fuel because that's what the reddit community needs to understand. It's not enough not to sell, because the stocks that are in a portfolio have limited influence on current market events.

So if you really want to take the trip to the moon, you need a day x of buying whatever's possible. Only then will the big players come under such pressure, though short squeeze, will cause the price to explode. In this context, an intriguing question is at what price of amc stock will the mission be considered accomplished and a lunar base be reached at this point? The fibonacci extensions help us the 23.6 and 38.2 percent extensions are still in double-digit dollars, so they shouldn't matter a first major milestone can be found with the 50 extension 104, followed by the 100 extension 136 161.8 at 176, 261 at 240 and 361 at 304.. Having a look at what that actually looks like on the fibonacci extensions, as you can see, here's the various price targets according to the fibonacci extension now, this is in no way shape or form the top.

We could end up squeezing to the very tip have another retracement, say 168 and then another blast off to another fibonacci extension taking us towards a thousand dollars, or maybe even higher. These values, of course, lack any fundamental basis, at least from the current point of view, but that doesn't matter anyway for a meme stock. Also, i guess at the moment, technicals don't really mean too much, as the stock is clearly being manipulated. Let me know down in the comments below what you think about citadel hiding our buy orders, not reporting transactions to finra and also routing our orders through the dark pool, instead of putting them into the open market.

Also guys, i'm going to stop promoting my link to weeble in the videos because they do accept payment for order flow. However, free trade in the uk doesn't because payment for order flow is illegal here. So if you are in the uk be sure to sign up to free trade, using the link in the description to get some free shares or a free share worth up to 200 pounds and as always guys if you enjoyed this video, be sure to check out Some of my others, alternatively, subscribe to the channel and ding that notification bell, because that way, you'll be alerted. When i upload a new video cheers.

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