Chris Randle is a proprietary global futures and commodity trader. He focuses daily on short term relative value and momentum trading. He also has investment projects in FinTech, Crypto, Alternative Data and AI. Twitter @crandl
Tweetdeck is one of the fastest and most advanced news streamers designed for active traders. Traders use news services to get a jump on other traders as the story circulates through the different types of media.
We emphasize to our traders that sometimes you’re able to receive breaking trading news from Twitter tweets and worldwide news networks before the trading squawk boxes and financial news television report the story.
Most trading news is irrelevant. Too much effort is spent scrolling irrelevant trade headlines, but only the top futures traders know what to ignore. This article shows traders some basic Tweetdeck filters for breaking news that impacts markets.
M Science, is a pioneer and leader in providing alternative data solutions to supplement core data in investment research for buy-side investment firms and hedge funds.
Traders are looking forward to next Monday (June 4) corn planting progress numbers. The latest planting progress reading on May 28 for corn was 49%, well below the ten-year-average of 80%.
CME Group Bitcoin futures for May (K) contract expired this morning. The Bitcoin Reference Rate settled at $7,493.94 and trading in May futures straddled the theoretical rate by $10 early in pricing period and $5 in last 10 minutes of pricing period. CryptoFacilities publishes the Reference Rate and more info can be found here.
Research is considered a very important part of the value-added by portfolio managers. Huge costs of structuring a research department require most firms to buy research from the sell side (investment banks and brokers). In-house research teams also like to supplement their research with alternative views from the sell side.