Ananke Alpha
ABOUT THE DESK

About

An independent research desk for the mechanical flows.

Ananke Alpha maps the money that moves for reasons that have nothing to do with conviction — index mandates, options-dealer hedging, ETF supply, lockup and unlock schedules, algorithmic execution levels. We don't predict prices. We follow what is obliged to transact, mark what the market has already priced in, and show the arithmetic behind it.

Who writes it

Ananke Alpha is written by a markets-and-technology practitioner. The markets half: time on a bulge-bracket equity-derivatives and ETF sales-and-trading desk, and work as an interest-rate derivatives trader — four years, in total, close enough to institutional order flow to know how a desk actually hedges and why so much of what moves a tape is forced rather than chosen. The technology half: the last eleven-plus years building software, most recently in AI.

The house style follows from that combination. The research is built like a model, not a hot take: every figure traces to a public filing, an index rule, or a protocol's own arithmetic, and anything that can't be checked is labeled as unknown rather than dressed up as insight. Arithmetic, not opinion — and never a prediction.

What we publish, and what we don't

Short research notes on single names and assets, and a small library of trader's primers. No signals, no portfolios, no promises of easy money. Ananke Alpha is an independent research publisher, not a registered investment adviser or broker-dealer, and nothing it publishes is personalized investment advice.

Questions, corrections, or a checkable error? desk@anankealpha.com. Back to the desk →.