You’ve heard of Shark Week. Well this is Rolls Week. For the SFE bonds, this is when all the activity moves from the near expiry to the next. In this case, it is moving from Dec into March. On CQG, you should be able to...
Read MoreWhen new to futures or new to specific futures markets, it can be tricky finding the right codes. For futures codes on CQG, codes are in the format market month year – without the spaces. So December Crude is: CLEZ2 CLE =...
Read MoreHere is an email from and response to one of our trainee traders:Hi Mr Bower, I am trying to experiment with how to better tackle trending & choppy markets, and some fading strategies. I’m also trying to trade the more...
Read MoreIn a recent update we looked at a spread trade in Corn, citing the upside move was overdone and the spread had the potential to narrow dramatically. See here. Over the last few weeks, the spread has done exactly that. This...
Read MoreI can’t help it. I keep seeing similarities between riding a motor bike and trading. They are everywhere. As young blokes and fans of MotoGP, we are brought up to think scraping your knee around corners is not only...
Read MoreAn interesting move in Soybeans last night. The market finished limit down with heavy offers. It looked nothing but bearish. The reopen saw the market trade down 15pts pretty quickly. Then a retrace to cover the gap, resistance...
Read MoreHere are a couple of tools we use in the analysis of note and bond markets and calculation of DV01s: Excel file for SFE bonds: sfe_futures_and_options_calculator CME Duration Tool for CBOT Treasuries: Link...
Read More1. I saw some interesting stats the other day comparing 2012 with 1988 (chart below). Back then there were similar estimates for poor quality crops. Prices almost doubled then. We’ve gained only about 60% this year by...
Read MoreGold and Crude Oil in normal day to day movements are not overly correlated. They do not move tick for tick or take a lead from one another as strongly as the 10yr note and the 30yr bond. However during times of volatility, that...
Read MoreFor many popular spreads, the exchange will make available a ‘spread market’ – or exchange traded spread. So instead of transacting twice to get into a spread, there is a specific ladder you would use to...
Read More
