Wade

legally allowed to make markets

[Wade @leveragedbets]

Making a bad case for active management

[Wade @leveragedbets]

Can nobody hit the $SMCY bid?

[Wade @leveragedbets]

Anyone long SMCY? Big edge to sell I think

[Wade @leveragedbets]

Anyone long SMCY? Big edge to sell I think

[Wade @leveragedbets]

@yenoms What do you think the proration will be?

[Wade @leveragedbets]

GTS hit it, nice 30c

[Wade @leveragedbets]

Decent edge to sell CQTM if you can get a fill, it’s on ssr and I don’t feel like creating. But if someone else does they’ll push it down to nav

[Wade @leveragedbets]

Decent edge to sell CQTM if you can get a fill, it’s on ssr and I don’t feel like creating. But if someone else does they’ll push it down to nav

[Wade @leveragedbets]

S&P 500

Adds
$MRVL
$FLEX

Deletes
$POOL
$CPB

[Wade @leveragedbets]

Et tu, Brute?

[Oracle @OracleNYSE]

$META

Meta weighs big equity raising after blockbuster Google deal

FT

[Wade @leveragedbets]

@yenoms Yeah no doubt, nice trade. But why would they raise the price of their investment before IPO? Wouldn’t everyone just redeem and pull the cash out? At least that’s how it works in ETFs

[Wade @leveragedbets]

@blondesnmoney Think kurv already filed for one

[Wade @leveragedbets]

@SowingAlphaSeed For stock for stock deals it’s really no different than etf arb

[Wade @leveragedbets]

Holy MOC!

[Wade @leveragedbets]

@blondesnmoney I think they say their they are a “predominantly” merger arb fund but also do special sits/event driven. Could be etf arb or something, or something with their special div

[Wade @leveragedbets]

Ferrari is down 6% lol

[Marques Brownlee @MKBHD]

Ferrari's first electric car looks like...
https://t.co/74wLn57Ibu

[Wade @leveragedbets]

Would be crazy if $IBM did a $INTC

[Wade @leveragedbets]

@FCNightingale JLL has been trying to sell this for a while now, it was only like 19% leased

[Wade @leveragedbets]

MMs would argue it’s expensive to to cross and sweep on 11 different exchanges. Other way to look at it is if you’re a market maker on lit venues, you can make your best market on primary and back all other BBOs up 1-2c so if a block wants to print higher they must lift you on every exchange

[Wade @leveragedbets]

Not sure how I feel about this

[*Walter Bloomberg @DeItaone]

WHITE HOUSE REVIEWS BAN ON TRADING THROUGH BEST PRICE ON STOCKS

[Wade @leveragedbets]

@blondesnmoney @yenoms Right but not just blocks, I think all off market trades can be filled outside nbbo. As long as it complies with the broker’s best execution policy