The Tri-Polar Market -- HRT vs. Citadel Securities vs. Jane Street

Understanding HRT's competitive position relative to Citadel Securities and Jane Street is essential for answering "Why HRT?" with substance. This module breaks down how these three firms differ in strategy, culture, and technology, and explains why HRT's record-breaking 2025 confirms a new tri-polar structure in global market making. Candidates who can articulate these differences demonstrate genuine industry knowledge.