[quote=“corin, post:1208, topic:71504”]
Are you guys (incl broker side) witnessing any uplift in like-for-like algo data set activity out there currently?[/quote]
T’was the night before xmas when all through the house not a creature was stirring, not even a mouse.
As you correctly note, time of year & large doses of lethargy are contributing to nothing worth writing home about.
Apparently, usual candidates were visible on fx into late november/early december on one or two majors & crosses each-way off key levels, but they’re only nibbling in patches into years end, grabbing fast profits as has been the norm of late, or squaring up accounts that are actually still profitable.
Money was made in fx this year during 2nd & 3rd quarters chasing the buck down the ladder & the euro up it. Outside of that sector it was being put to work in the momentum candidates riding longs in palladium, US & Asian stock markets & other in-form commodities. Same on the short side with sugar, natural gas & orange juice the primary form horses.
These guys here, sketcher/corpellan et al, on similar objectives but smaller financial exposure, have existing business still in play, on some of the above which most smaller outfits still have, but from hereon in it’s purely a squaring & flattening exercise on fx specifically.
The guys haven’t reported any noticeable event driven size to get excited about from anywhere within currencies this quarter. The bulk of the profitable bets have been laid on the aforementioned this year across the auto execution routes.
Sufficient capitalisation allows you to always dabble where the action is. It not only ups the probability factor but also spreads the risk. Same deal, to a certain extent, applies if you’re playing exclusive fx.
Work smarter not harder by riding & maximising current momentum.