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...
Alphacution Press: Bloomberg on Citadel Securities’ Record 2021 Windfall
"The key to our business, it's a lot of research."Kenneth C. Griffin On March 15, 2022, Bloomberg publishes Katherine Doherty's sweeping - and, in many ways, unprecedented - article "Citadel Securities Opens Up After Record $7 Billion Windfall" based on several (some for the first time) interviews with top Citadel Securities executives, including Peng Zhao (CEO), Matt Culek (COO), Joe Mecane (Head of Execution Services), and Jamil Nazarali (Head of Business Development). Alphacution provided data, a quote, and contextual background for the article... This article is also printed in the March 21 edition of Bloomberg Businessweek...
Virtu and Corporate Bonds: 2021 Strategy Analysis
Based on recently reported data for year-end 2021, Alphacution updates its ongoing strategy analysis for leading wholesale market maker, Virtu Financial...
Ranking Robinhood’s Wholesale Market Makers
Alphacution's analysis and modeling of Robinhood's latest financial disclosures leads to a ranking of its wholesale market makers, along with a couple important side bars...
Coinbase and the Cryptomancers: A 2021 Appendix
Alphacution updates its recent crypto market analysis with the latest financial disclosures from Coinbase Global and others...
Susquehanna’s Multi-Billion Dollar and Optionless Fundamental Strategy
Alphacution expands its library of research on legendary option market maker Susquehanna International Group (SIG) with this introduction to affiliate Susquehanna Fundamental Investments (SFI)...
The Cryptomancers And The Half-Life of a Heyday
What is the half-life of a heyday? In the land of crypto market making, it might be shorter than you think. Alphacution makes its case off the back of Coinbase data garnished with a couple recent news events...
Robinhood’s Anniversaries: Buying Rumors, Selling News
Late January 2022 coincided with Robinhood's Q4 2021 earnings release and two very important anniversaries. Alphacution commemorates these milestones with the following analysis...
The Contemporary Market Risk Minefield
Instead of the obligatory "Outlook 2022," this is the backdrop for any number of possible annual outlooks. And, it ain't pretty...
The Ken Griffin Show
Both sides of Ken Griffin's trading empire are operating at the pinnacle of performance. This is not a coincidence...
