“Research is what I’m doing when I don’t know what I’m doing…” 

Wernher von Braun

As we approach the one year anniversary of our paywall, I wanted to extend a token of gratitude to so many of you who have made the past year so pivotal in the growth and development of Alphacution – and to encourage those who have been sampling (via the Basic subscription), and others who are new to our work, to take a closer look…

With a Silver subscription, Alphacution is including access to its groundbreaking April 2019 case study, “Deconstructing Citadel Securities.”

At that time – just 2 1/2 years ago – no one had ever attempted to assemble and publish a comprehensive case study on one of the most successful (and secretive) trading firms in capital markets history. And, Alphacution was just beginning to learn how to assemble and interpret a pile of messy data – hiding in plain sight – into a cohesive report (without the opportunity to communicate with anyone about it, given the confidentiality of the subject matter). But, with each additional case study – SIG, Two Sigma, Jane Street, HRT, and most recently the massive Robinhood Effect case study – we learned more.

We are still learning…

And the plan is for upcoming case studies on the likes of Jump Trading, Simplex Investments, and others to reflect that learning.

There is no roadmap for this work. We are figuring it out as we go. But, it’s clear that significant progress in terms of the level and magnitude of insight has been made between then and now. Our belief is that this fact serves as a reliable divining rod for what could be produced here over the year to come…

Thanks again for your interest in and support of Alphacution…

EP