FxWirePro: Gamma spreads striking chords on lingering robust equities and CHF liquidation flows
Apr 19, 2018 13:15 pm UTC| Research & Analysis Insights & Views
With the movement of the underlying spot FX, someone has to change the price of the delta as the option moves from ATM to OTM and then back to ATM to ITM. Well, on the pool of FX gamma that we like owning is AUDCHF...
Apr 19, 2018 12:32 pm UTC| Digital Currency Research & Analysis Insights & Views
On daily plotting, BTCUSD was sliding through sloping channel, but bulls, for now, has managed to havebroken out the channel resistance. Strong support was taken at $6,408 levels. Ever since then bulls have held very...
FxWirePro: EUR/JPY OTC bids and hedging frameworks – RVs, delta puts and risk reversal trades
Apr 19, 2018 11:32 am UTC| Research & Analysis Insights & Views
The neutral-negative risk reversal numbers are still indicating hedging sentiments for the potential bearish risks across all tenors remain intact, while positively skewed IVs of the 3m tenorshavent changed from the last...
FxWirePro: A glance at VXY - Gamma ownership appears to be more prudent vehicle than Vega
Apr 19, 2018 10:22 am UTC| Research & Analysis Insights & Views
FX vols steered another week of tepid price action seemingly bulletproof to any and all shocks ranging from trade sanctions to a blow-up in a heavily owned large EM currency (Russia). VXY Global has now retraced...
Shedding some light on Bitcoin futures market mechanism
Apr 19, 2018 08:12 am UTC| Digital Currency Research & Analysis Insights & Views
Its been almost more than a quarter that the worlds largest futures exchange, CME, has launched and has finalized self-certification with the CFTC (Commodity Futures Trading Commission) of its first bitcoin futures...
Apr 19, 2018 06:29 am UTC| Research & Analysis Insights & Views Central Banks
The indifference of FX markets to trade/geopolitical risks has also extended to the run of downward revisions in the global cyclical outlook over the past two months. Despite the large fall in global PMIs, high-beta FX...
FxWirePro: Identify mixed bag of sentiments in EM Asia FX universe and hedge wisely
Apr 18, 2018 16:31 pm UTC| Research & Analysis Insights & Views
In Asia, we retain a bullish stance on trade oriented FX universe where the policy makers are expected to withstand strength. The main question in our minds is how the risks are skewed in 2Q, and right now we acknowledge...
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