Category: Market Narratives
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Weekend liquidity and trading costs: a practical cost-benefit analysis for investors
Why weekend liquidity is a different game If you’re used to trading busy London or New York sessions, weekend price action can feel like landing on another planet. The core issue is simple: liquidity providers, banks, and a big slice of institutional flow either scale down or disappear from the market between late Friday and…
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Volatility scenarios: planning for black swans and building resilient portfolios
Why Volatility Scenarios Matter More Than Ever Imagine explaining the last 25 years of markets to someone from the 1980s: dot‑com boom and bust, 9/11, the 2008 crisis, the eurozone drama, COVID shock, meme stocks, the 2022–2023 inflation spike, AI bubble talk, and ongoing geopolitical flare‑ups. What used to be called “once in a century”…
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Volatility anomalies: uncovering hidden patterns in implied vol trading
Why volatility anomalies вообще волнуют трейдеров Когда люди слышат слово «волатильность», большинство представляет себе хаос и случайность. Но если вы работаете с опционами внимательнее, всплывает интересная деталь: implied volatility редко ведёт себя как чистый рандом. В ней есть устойчивые перекосы, странности и повторяющиеся паттерны, которые называют volatility anomalies. Они появляются из-за человеческой психологии, регуляторных ограничений…
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Narratives in bond markets: how investor stories translate into trading actions
Historical Context of Narratives in Bond Markets From Rate Sheets to Market Storytelling For decades трейдеры облигаций жили в мире цифр: кривая доходности, спрэд, duration, заявки по телефону. Но даже в 80‑х за решениями уже стояли истории — страх перед инфляцией, вера в «Волкера‑борца», ожидания по дефициту бюджета США. Разница в том, что тогда нарративы…
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Oi accumulation and distribution: interpreting flows in options open interest
Why Open Interest Flows Matter More Than Ever in 2025 In 2025 фьючерсы и опционы торгуются не только на биржах, но и через десятки деривативных площадок, а данные по open interest уже не роскошь, а обязательный элемент рабочего стола трейдера. Если раньше многие смотрели только на цену и объём, то сейчас без понимания накопления и…
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Oi flow metrics: from concept to execution in modern innovation management
Why OI Flow Metrics Matter Right Now When people first hear “OI Flow Metrics,” it often sounds like yet another buzzword stack: operational intelligence, flow, metrics, dashboards… the usual suspects. But under the jargon there is a very practical idea: measure how value actually moves through your operations in real time, then use those insights…
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Narratives and risk premia analysis using a practical performance evaluation toolkit
Historical Background The conceptual evolution of risk premia and economic narratives has undergone significant transformation over the past several decades. Initially, the pricing of risk in asset classes was largely explained through traditional models like the Capital Asset Pricing Model (CAPM) and Arbitrage Pricing Theory (APT). These frameworks emphasized measurable factors—beta, volatility, interest rates—but neglected…
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Actionable signals help improve decision-making through real-time data insights
Understanding Actionable Signals: Turning Data into Strategic Decisions In a world overflowing with data, the ability to extract meaning and act on it is more crucial than ever. “Actionable signals” refer to those specific, relevant, and timely pieces of information that trigger measurable actions. Unlike raw data or passive insights, actionable signals are directly tied…
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Volatility reactions and how markets price shocks in changing economic conditions
Historical Context Market volatility has been a defining feature of financial systems ever since organized exchanges came into existence. From the Tulip Mania in 17th-century Netherlands to the 1987 Black Monday crash and the 2008 financial crisis, markets have consistently demonstrated sensitivity to both expected and unexpected events. But how do markets actually price in…
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Volatility recovery patterns: when implied volatility drops after a sharp spike
Understanding Volatility Recovery Patterns: When Implied Vol Falls Back In the world of options trading and derivatives, implied volatility (IV) plays a pivotal role in pricing, strategy selection, and risk management. After periods of heightened uncertainty or macroeconomic shocks, markets often witness a volatility spike followed by a gradual or sometimes abrupt decline — a…