Market Share Analysis: Option Market Makers
Based on new and updated modeling for a group of option market makers - including Group One Trading, Wolverine Trading, and Cutler Group - Alphacution shares new perspective on market share...
Maven Securities Reaches Escape Velocity
This week, Alphacution turns its attention to a fascinating story in the making: London-based market maker and proprietary trading firm, Maven Securities Limited.
Optiver vs. IMC: Battle of Amsterdam Rages On…
Alphacution updates its modeling with the latest data - along with new insights on detailing index arbitrage strategies - to showcase the ongoing battle between some legendary option players...
Schonfeld Finds His Grail
Roughly six years ago, Steven Schonfeld and his Schonfeld Strategic Advisors engineered a what turned out to be a profound shift in trading strategy. Alphacution tip toes through the available data to illustrate clear markers for that shift...
SIG Joins The Congregation
Are we having an impact? No one's talking. But, the data speaks anyway...
Alphacution Publishes “The Chicago Trading Company” Case Study
In this 71-page, 69-exhibit chart book, “The Chicago Trading Company,” Alphacution continues its focus on the explosion of activity in US option markets with a deep dive into another leading option trading firm, CTC, LLC. In this report, Alphacution leverages evolving modeling capabilities to explore its first example of a proprietary trading firm with core concentration in index options along with the peripheral suite of cash, futures and other option products used to capture volatility arbitrage opportunities. Furthermore, this research sets the stage to potentially identify (and rank) other large index option players with similar strategies where the regulatory data is not specifically disclosing exposures to index options. The complete chart book is available to premium subscribers or via individual document purchase.
More Pyth Network, More Crypto Market Makers
Crypto markets are a rapidly evolving landscape. Recent additions to the Pyth Network help Alphacution expand its roster of crypto market makers, liquidity providers and potential new entrants...
Forget ESG: SEC Still Fumbles The Basics…
New disclosure tools from the SEC - like an ESG reporting framework - are useful, but enhancing and enforcing existing disclosure tools are useful, too. Alphacution makes its case based on its roster of option market makers...
ETP Chart Porn: More Regional Domination
The suite of charts included in this Feed post about the global ETP market showcase the increasing dominance of one region over the others...
Zombie Roundabout: US Retail Stock Trading Returning to Pre-Pandemic Levels?
With retail participation in the US stock market down from its pandemic era peak, Alphacution wonders how far it could go...
