In this Feed post, Alphacution brings together a wider-than-usual Overton window of macro-economic and market macro-structure factors to explain an era of extremes - including the "Bitcoin product expansion mania", all-time highs in off-exchange US stock trading, and new evidence for "wag-the-dog" impacts of options - at the beginning of the new Trump 2.0 era...
Product selection is like the DNA of a trading strategy...
There is no excerpt because this is a protected post.
Alphacution makes a case for the best - and worst - ETFs for active traders, even at the risk of increased market concentration...
In this 34-page, 36-exhibit, 6,400-word Focus Note, "European ETP Spread Analysis For Systematic Internalisers," Alphacution publishes its findings from the core research objectives of this project: 1) credibly quantify the theoretical "gross" spread value for ETPs traded on LSEG, 2) credibly quantify the portion of this value for SIs, and 3) illuminate or elevate any other clues about the trading preferences of SIs.
Alphacution takes a fascinating trip down the rabbit hole with some new data time-weighted BBO spreads for ETPs traded on the London Stock Exchange. Where we're headed: Detailing the product selection and trading preferences of a certain subset of systematic internalisers...
The financial press is reading Alphacution! This one showed up without any direct involvement from Alphacution thanks to Robin Wigglesworth of the Financial Times in "Off-Exchange Traded Funds."
As part of its current spotlight on the exchange-traded products (ETP) component of the global markets ecosystem, Alphacution digs into the versatility and liquidity of the SPDR S&P500 ETF Trust (SPY)...
Once or twice a year, Alphacution likes to provide an update on the global exchange traded products (ETP) market given its relevance to the market ecosystem - and many of the players we tend to track so uniquely. Here it is - along with notable highlights...
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."
