Today marks the 40th anniversary of the launch of FX futures by the CME – a perfect opportunity to reflect on how this market has influenced global finance in general, and managed futures in particular.
Category: Managed Forex
16
May
2012
30
Nov
2011
Central Banks Disperse Happy Pills to the Markets
We knew there would be a bounce after last night’s news. When six separate central banks coordinate an effort to amp up global liquidity, you’re going to see people getting excited. From Forbes: The U.S. Federal Reserve, after a similar effort in September, will “lower the pricing on the existing temporary U.S. dollar liquidity swap arrangements […]
13
Sep
2011
CTA Expo Update: James River, Ronnie Lott and More
The CTA Expo is going on in Chicago this week, and it’s looking pretty well attended. We had a chance to sit in on the presentation from James River, and were excited by what we heard. They’re in the process of launching two new programs, one of which will be commodity-only, with lower minimum investment […]
07
Sep
2011
Swing of the Swiss
The Swiss Franc is a fickle mistress. After killing all the shorts (most notably Dighton Capital), she’s now turned her sights on the longs. We’ve said it before, and we’ll say it again- timing is everything. Check out what happened yesterday: The Swiss Franc ultimately fell 8.7% against the Euro yesterday, as the Swiss National […]
29
Aug
2011
Yes, the (Forex) Deck IS Stacked Against You
We recently had a user on Twitter ask us our thoughts on forex, and it made us realize we probably have not been repeating our thoughts on the subject frequently enough. So here it is- Don’t do it. Forex is a dark and shady world that we’ve written about on multiple occasions. The regulators are […]
11
Jul
2011
CME Introducing Chinese Yuan Futures
The CME made the Wall Street Journal today (although they are likely in there more than they are not), as they reported on the pending introduction of a Chinese Yuan contract to their offerings. As the article explains, the burgeoning foreign exchange trade makes this move a no-brainer of sorts, and could open the door […]
11
Apr
2011
Rules for Forex- Attain Style
One of our favorites, Josh Brown over at Reformed Broker, ventured into our world a little today with a post echoing what we’ve been saying for quite some time (here and here, for example): AVOID FOREX He points readers to a piece in Barrons over the weekend (Pitfalls of the Currency Casino), which digs into […]
07
Apr
2011
Good Option when seeking Options Trading Programs
Yesterday we had the pleasure of meeting with Scott Sykora (President) and Fernando Anton, Ph.D (Managing Director, Head of Research) of LJM Partners. Their original Neutral S&P Option Premium Program is the longest running S&P option trading strategy we know of in the industry. Getting their start in July 1998 (starting 2 months prior to […]
05
Apr
2011
It’s Tax Time Again… and Managed Futures Wins
It’s time for our weekly newsletter, and we are sorry to report (except, not really) that it’s dealing with one of the most unsavory topics in American culture. That’s right. With the calendar rolling over to April last week, it is that time of year for taxpayers in America – one of America’s least favorite days […]
24
Mar
2011
Point/Counterpoint on the Rydex/Wisdom Tree Managed Futures Funds
It seems our recent newsletter covering Wisdom Tree’s Managed Futures ETF (WDTI) and Rydex’s Managed Futures Fund (RYMFX) has caused a bit of controversy in the blogosphere, with Victor Sperandeo, chief executive of Alpha Financial Technologies LLC, posting a response to our critique. We are happy the debate is now out in the open, and […]
