Chicago Trading Company Levels Up
Based on its collaboration with Pyth Network and a recent big hire from Millennium, Alphacution puts its spotlight on derivatives powerhouse, Chicago Trading Company (CTC)...
Alphacution Publishes “Simplex Trading, Unadjusted”
In this 67-page, 64-exhibit chart book, “Simplex Trading, Unadjusted,” Alphacution borrows the spotlight from the record-setting volumes in the US options market for 2021 and focuses it in on one of the key – yet, relatively little known – players in the space: option market maker, Simplex Trading, LLC. Taking some of its recent modeling upgrades for an initial spin, Alphacution performs its unique brand of visual display on public regulatory data to present what is likely to be an unprecedented review of such a secretive player operating in such a complex arena like Simplex.
Alphacution Press: CNBC on Record Option Trading Activity
Alphacution data and a quote included in the story, "Options trading activity hits record powered by retail investors, but most are playing a losing game" by CNBC reporter, Yun Li.
Option Markets: How (Real, Synthetic) Whales Wag The Dog…
US listed markets have become inverted, with option volumes consistently exceeding stock volumes in 2021. Alphacution presents a hypothesis about real and synthetic whales that influence markets via options - as well as evidence of market maker activity beneath it all...
SoftBank, Revisited
In the most dramatic example of regulatory back-filling that we have ever seen, Alphacution updates its story on SoftBank, formerly known as the Nasdaq Whale...
Robinhood Discovers The Limits of Limbic Hijacking
How much of the all-time high volumes in US option markets are due to the "Robinhood Effect"? Alphacution makes its case...
Alphacution Press: Wall Street Journal on Robinhood and the Options Boom
With help from Alphacution and others, The Wall Street Journal's Alexander Osipovich and Gunjan Banerji publish this Halloween treat. Or, was it a trick?
There’s Something IMC Financial Markets Wants You to Know…
Alphacution solves one of a few key mysteries that have lingered for the past couple years. Turns out, the solution is indirectly tied to other players in Alphacution's fiercely competitive structural alpha zone...
Retail Equity Option Flows: Finding a New Limit?
Alphacution updates its "retail option flow factor" analysis, in part, as preparation for Robinhood's upcoming Q3 2021 earnings release...
Optiver Weighs In…
First HRT. Then Jump. Now, Optiver joins the chorus representing a collective "squeal" by a subset of secretive prop firms attempting to influence changes to US equity and options market structure...
