Hints and tips:
Related Special Reports
..., Goldman Sachs, Morgan Stanley, Bank of America and Citigroup....
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
...Last year, UK financial regulators and the Bank of England warned of major risks if cloud companies were hacked or failed....
...Smart read In the FT, the head of the UN’s nuclear watchdog says multilateral lenders including the World Bank are “out of step” with their shareholders on atomic energy....
...Deutsche Bank has hired Alexandre Lotfi as head of wealth management lending for the UK and central Europe at its private bank. He previously worked for the Bank of Singapore....
...(Alameda’s former head Sam Trabucco used to work at Susquehanna, another big trading outfit where Jane Street’s founders worked before splitting in 2000.)...
...Indian fintech raise $60mn to expand loans-as-a-service Lentra, a Mumbai-based start-up, has completed a Series B led by Bessemer Venture Partners and Susquehanna International Group, writes Jagmeet Singh...
...Roxe aims to build a global trusted community that includes the entire financial ecosystem: individuals, banks, central banks, non-bank financial institutions, businesses, and merchants through its multilateral...
...“The drop in oil prices after a four-day rally appears to be the main driver of US equity market strength today,” said Christopher Murphy, co-head of derivatives strategy at Susquehanna International Group...
...Kyle Voigt, an analyst at investment bank KBW, has pointed out that it was impossible to work out the financial impact on brokers until the specific details were available....
...Its decision to pull out of retail options leaves Morgan Stanley as the sole major Wall Street bank in the business, which is dominated by market makers such as Citadel Securities, Susquehanna, Simplex Trading...
...“The banks have been left behind,” Griffin told a conference in Florida in 2018....
...It is also notable, said Chris Murphy, co-head of derivative strategy at Susquehanna International Group, that investors are betting on increased volatility in the Treasury market, while volatility in equities...
...The review will cover the controversial issue of payment for order flow, in which retail brokerages receive fees from market makers such as Virtu and Susquehanna to handle their trades....
...Futures Europe are traded through an order book and only 17 per cent as block trades.To try to build liquidity in the market, Cboe has garnered the support of market makers such as DRW, Flow Traders and Susquehanna...
...we wrote about much of the apparent ‘froth’ having been removed from the market, citing the reduction in apparent retail participation in particular,” Christopher Jacobson, an analyst with market maker Susquehanna...
...John Coffey, equity research associate at Susquehanna, said Divvy, for example, was not an immediate threat to American Express despite its early inroads with small- and medium-sized businesses....
...“Even though tech stocks are quite volatile and financial stocks are quite volatile, the moves cancel each other out,” said Glenn Koh, head of equities trading at Bank of America....
...A Bank of America survey this month showed money managers had cut their cash holdings as they continued to bet on equities....
...Nonetheless, the overall marketwide impact of the option frenzy is likely to be “meaningful”, according to Chris Murphy, co-head of derivatives strategy at Susquehanna International Group....
...Markets are “all about vaccines and the virus at the moment”, Jim Reid, strategist at Deutsche Bank added....
...The market makers, which use computing power to execute trades at extraordinary speed, have elbowed traditional investment banks out of the market....
...Sometime in early 2000, a trio of traders from Susquehanna — another big market-maker — and former IBM developer Marc Gerstein set up what would become Jane Street, initially trading mainly options and American...
...(FT) Black ops Take a closer look at Susquehanna, a secretive US-based high-speed trading group, which stands to profit heavily from its early bet on TikTok’s Chinese owner ByteDance....
...“There is a lot of exuberance,” said Chris Murphy, co-head of derivatives strategy for Susquehanna Financial, a trading and technology firm....
International Edition