Single-Stock ETFs And The Market For Financial Playthings
This week, Alphacution goes overboard to create a detailed backdrop for what some are calling a frenzy for single-stock ETFs as well as what that could mean for the concept of a "synthetically singular global market."
Virtu Financial’s Latest Storyboard
Alphacution updates its ongoing review of Virtu Financial with the latest 2022 financial and operational data...
SEC Proposing Auctions?! Let’s Understand Liquidity Economics First
Though the financial press highlighted a proposal to consider auctions in US equities for retail order flow, the SEC actually proposed 6 areas of interest for market structure rule changes. Alphacution presents its case for what's truly at issue here...
XTX Deploys Ghost Protocol in US Equity Markets
Alphacution updates its ongoing analysis of emerging US equity market making powerhouse, XTX Markets, and provides a clue as to where it may be finding its edge...
Crypto Market Maker B2C2 Upgrades its Profile
There was one fascinating set of details that didn't quite fit into last week's Q2 2022 update review of Robinhood relating to crypto wholesale market makers. Alphacution shares those details here...
Robinhood: Democratizes Losses, Fades Back to Obscurity
Was Robinhood a flash in the pan? Alphacution makes its case...
Jane Street Has Discovered The Pick of Destiny
Alphacution provides recent evidence for how Jane Street Group has advanced its position among a short list of leading global proprietary trading firms...
Alphacution Press: Fortune on Robinhood, Takeover or Turnaround?
Alphacution analysis and commentary featured in Declan Harty's Fortune article, "Robinhood once terrified Wall Street. But now the stock is down 73% and layoffs have hit morale. Will the next chapter be a takeover or a turnaround story?"
Parallax Volatility Advisors’ Book: Hiding in Plain Sight
Off the back of some recent modeling upgrades, Alphacution is finally able to share sample analysis of one of the largest customer accounts in the US equity option market: Parallax Volatility Advisors, LP...
Shifting Sands: Goldman Sachs’ Journey In US Equity Options
Based on new modeling capabilities, Alphacution builds upon its 2019 analysis of Goldman Sachs' involvement in US equity options to provide new context for the competitive dynamics of the entire US equity option market...