This slate of charts didn't make it into the recently published case study, "How Jane Street Generates Alpha." But, they're incremental to the story because they provide incremental insight and context for the three largest US equity (and equity option) market makers, Susquehanna Securities (a key SIG affiliate), Citadel Securities, and key affiliates of Jane Street Group...
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Paul Rowady is the Director of Research for Alphacution, a research and strategic advisory platform uniquely focused on modeling and benchmarking the impacts of technology on global financial markets and the businesses of trading and asset management. He is a 35-year veteran of the proprietary, quantitative and derivatives trading arenas.