WATCH LIVE: GameStop hearing: Robinhood, Citadel and Reddit CEOs testify — 2/18/21

Executives from Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at the U.S. Congress. Sign up for CNBC Pro for insights on hedge funds' most shorted stocks: http://cnb.cx/2OHvpKA

Lawmakers will get their chance to grill the CEOs, as well as the Reddit trading star known as Roaring Kitty, about last month’s GameStop trading turmoil.

According to a release from Chairwoman Maxine Waters, D-Calif., Robinhood CEO Vlad Tenev, Melvin Capital CEO Gabriel Plotkin, Reddit CEO and co-founder Steve Huffman, Citadel CEO Kenneth Griffin and Keith Gill, also known as Roaring Kitty, will testify live to the U.S. House Financial Services Committee on Thursday, February 18, 2021 at 12 p.m. ET.

Trading volumes are very much in focus, as is the practice of “payment for order flow.” The majority of retail trading is not done on exchanges, it is done by market makers that “internalize” the trades.


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WATCH LIVE: GameStop hearing: Robinhood, Citadel and Reddit CEOs testify — 2/18/21