“No matter the outcome of the struggle between China and the U.S. over video-sharing app TikTok, an unlikely winner will be a secretive trading firm based outside of Philadelphia.”
– by Wall Street Journal reporters Rolfe Winkler, Jing Yang and Alexander Osipovich.
Alphacution contributes analysis to Wall Street Journal story on legendary option-trading powerhouse, Susquehanna International Group’s ownership interest in ByteDance, the Beijing-based owner of video-sharing social media app, TikTok, “Secretive High-Speed Trading Firm Hits Jackpot With TikTok” (October 1, 2020).
Additional related analysis on share of option markets in Alphacution’s Feed post, “Runaway Concentration Risks is US Option Markets.”
