The Phrase “reverse engineering Citadel algorithms” sounds like forbidden finance. It suggests black-box formulas. But the ethical truth is more useful: retail traders should not attempt to access, copy, hack, or reproduce proprietary systems. They should study the public behavior that sophisticated market makers are designed to manage. That behavior https://marketmicrostructuretradi62840.wikitron.com/2514735/reverse_engineering_institutional_market_making_algorithms_for_digital_asset_traders_an_ethical_framework_for_spreads_liquidity_and_execution