Category: General

General posts about markets

Going with the FX flow

In this paper, we discuss using CLS intraday hourly flow data to understand FX markets. Using two different trading strategies (daily and hourly) against a generic trend model, we find that CLS’s flow data relating to funds and non-bank financial firms (NBFIs) tends to have a positive contribution to spot returns when viewed on an…

More words, less code from quants

LinkedIn often gets derided. Somehow it’s become the home of that motivational post, which usually revolves around the seven traits of successful people. I’ve never quite ascertained, why are there only seven traits for successful people. Why not, for example eight traits, or perhaps nine?    The day of a successful person, according to these…

Build or buy for quant tools

It’s always tempting to do everything yourself. After all, it’s easy to think I know best. I once tried to make macarons. Once my uneven mess of macarons emerged from the oven, I had a much better understanding of what motivated people to buy macarons from Pierre Hermes. Subsequent attempts at baking them proved more…