Our BTC cash & carry trades performed very well this past week as the basis between spot und futures narrowed substantially. The combined PL of our ICE and CME trades amounts to $989 gross ($779 net). We are now 46 days into our ICE trade and 8 days into our CME trade. Trade history 22 [...]

After we observed a widening of the basis over the last weeks, we decided to add another BTC cash & carry trade, this time using the CME-listed futures contract. We switched our broker for this trade, which has the benefit are substantially lower margin requirements. Here are the trade details: 30 Jul: Sell 1 CME [...]

What better opportunity than Bitcoin crossing the $10k mark today for the first time in seven weeks to update last month's Bitcoin cash&carry trade. If you want to know more about the logic behind the trade and the reasons this funding basis might persist, please see our initial post: For a Few Bitcoin More. Trade [...]

Two weeks ago (For a Few Bitcoin More), we presented a Bitcoin cash & carry trade. As promised we aim to update our trade ideas regularly and keep you posted with relevant information. Trade recap from 22nd June (tade of date initiation) Short 2 lots of the July 2020 ICE BAKKT Bitcoin futures contract at [...]

Two weeks ago (For a Few Bitcoin More), we presented a Bitcoin cash & carry trade. As promised we aim to update our trade ideas regularly and keep you posted with relevant information. Last week, we are looked into the sensitivity of the trade to changes in the basis. This week we give you a [...]

In last week’s publication (For a Few Bitcoin More), we presented a Bitcoin cash & carry trade. It’s a live trade, i.e., it’s on my book. As promised we aim to update our trade ideas regularly and keep you posted with relevant information. This week, we are looking into the sensitivity of the trade to [...]

In the next couple of weeks we’ll start sharing some live trades on the Twoquants website, i.e., trades which we have put onto our own book (broker statements will be shown to provide evidence). Those trades will be shown in a separate Twoquants report, and they’ll either be: systematic in nature and thus the result [...]

Since last week, retail traders have fully taken over. To break it down for you: Robinhood is now the new Vegas, David Portnoy the new Warren Buffet (or maybe not?) and Tesla the new VW Toyota. Looks like people are taking the #happytrading seriously in times of lockdown and closed gambling venues. While we [...]