Jane Street Makes Another Debut
Jane Street wedges its way into retail options. It's early. The numbers are small. But, they are a powerhouse with competitive advantages. Alphacution makes its case for what could happen here...
Under 100 Milliseconds: Jane Street Enters The Picture
Alphacution adds Jane Street market center "JNST" and 18 new charts to the ongoing comparison of execution speed/time that already includes Citadel Securities and Virtu Financial. With each step, this analysis yields new insights and increasing fascination...
Alphacution Press: NYT on Sam Bankman-Fried and Jane Street
Alphacution adds a few thoughts on risk management and Jane Street to Joe Rennison's New York Times article on Sam Bankman-Fried: "‘Effective Altruism’ Led Bankman-Fried to a Little-Known Wall St. Firm"
Fork It! UBS Securities Exiting Retail Wholesaling
We've seen it coming for a long time. There were many clues along the way from which to anchor a prediction. Now, the evidence is too dramatic to ignore: UBS Securities is exiting the retail equity wholesale market making business. Alphacution rolls out its case, along with other key findings...
Virtu Financial’s Latest Storyboard
Alphacution updates its ongoing review of Virtu Financial with the latest 2022 financial and operational data...
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...
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...
The Crypto Train: Citadel Securities Succumbs to FOMO
A first-of-its-kind outside investment from Silicon Valley venture heavyweights into Citadel Securities is a significant event, particularly for possible future competitors in crypto markets. But, the transaction itself didn't need to be exposed. So, why was it? Was this news or strategic communications? Alphacution weighs in...
HOOD-lashed! Crypto PFOF is Here…
Like the Lock Ness monster and Big Foot, Alphacution has found evidence of crypto PFOF...
Jane Street, Latour, XTX: Orchestral Manoeuvres in the Dark…
It's rare to observe such consequential trading units from conception...
