Trade idea testing + trade order execution + trade size generation = algo??? That’s one way to look at it, and indeed we have a whole in-house team dedicated to building algos to do some of these pieces every day with our RCM-X team. While the difference between an alpha generating algo and an execution […]
Category: Your Investments
23
May
2019
02
May
2019
Micro E-mini S&P 500: The next big little thing in futures trading
CME’s Micro E-mini S&P 500 futures contract (ticker: MES) is set to hit the market in exactly 3 days providing traders with the same benefits of an E-mini futures contract, just…smaller – 1/10th the size of an E-mini contract to be exact. We’ve broken down the micro E-mini vs the E-mini vs the full-size S&P […]
01
May
2019
Opening the door to China Trading
If you’re anything like us, posts like this explaining just how different China is than things here in the U.S. never cease to amaze: This is the Shanghai-Beijing train going at 350 km/h As @yfreemark said: “The distance between NYC and Chicago is almost exactly that between Beijing and Shanghai. NYC-CHI is served by 1 […]
01
May
2019
Asset Class Scoreboard: April 2019
What do you get for 4 straight months of positive performance and an annualized rate of return of nearly 15%. Nearly run out of town, it turns out, with the hedge funds are under performing drums getting louder and louder of late as traditional stock and real estate investments soar (50% annualized returns). Case in […]
18
Apr
2019
Don’t throw out Managed Futures with the Risk Premia bathwater
We half-jokingly asked in our Managed Futures/Global Macro 2019 Outlook, “Is this asset class working for you?” following a year in which managed futures didn’t deliver the crisis period performance they’ve become known for. But a recent piece in the hedge fund journal shows it wasn’t just trend following type CTAs that under performed in […]
11
Apr
2019
Winter (aka Vanguard) is Coming for Managed Futures?
No, we didn’t miss this headline. And we haven’t just been hiding our heads under a rock pretending to not have seen it. We definitely saw the news of Vanguard launching a commodities product. But unlike Josh Brown, this doesn’t seem like “lights out” for the managed futures space. Vanguard is coming for the managed […]
09
Apr
2019
3.5 million derivatives trades per hour
We like to highlight the Futures Industry Association (FIA) annual volume study every year, and were excited to see that global derivatives trading volume hit an all-time record in 2018. There were 30.3 Billion (with a B) global futures and options traded in 2018. That’s about 83 million trades per day, 3.5 million per hour, […]
03
Apr
2019
A Hogdiculous Move
Tom’s been telling anybody who would listen about Chinese hog farmers being hit with one of the worst outbreaks of African Swine Fever (ASF) in the country’s history, and after Hog futures finally caught up to the story – rising over 50% in March as pointed out by TT’s Patrick Rooney – it’s time we […]
01
Apr
2019
Q1 Asset Class Scoreboard
Bounce. Bounce. 2019 continued to be the year of the bounce – with everyone now in on the act once managed futures finally decided to get in the game with its largest gains since January of 2018. Add it all up and you have everyone solidly in the black in what has become quite the […]
28
Mar
2019
Hailing a ride on the Uber IPO? View this first.
We first updated our infographic when LYFT went public on March 29th. It’s down 40%+ since then. But what do you get when you add 1 part $Lyft, 3 parts $Uber, a dash of Pinterest, and pinch of Slack? The return of a potential IPO frenzy, where everyday investors can get involved with some of […]
