CRSP algo puked both sides and blew the $ANSS/ $SNPS arb wide open. 5% spread risk-free in the last 2 minutes. Traders: learn to read imbalance prints. Mechanics of the Trade: This was a merger arbitrage opportunity triggered by market-on-close (MOC) imbalances, likely

Much ado about nothing. We literally have a Chief Executive of the United States who has not been faithful to any of the three women he has been married to, yet the internet is on fire because of a clearly mutually consensual relationship between two adults. The divorce rate in

Figma opened at $33. Now at $106.63. $33B of value siphoned away in a day. Wall Street pops champagne. Founders, early employees, investors? Diluted. Read Bill Gurley on the IPO game. It’s so fucking rigged.