Portfolio insurance products were algorithm - based products created to protect investors from falling markets by selling «ever - increasing numbers of futures contracts,» the New York Times explained in 2012, because «the short
position in futures contracts would then offset the losses caused by falls in the stocks they owned.»
Managed futures as an asset class are historically non-correlated to the stock and bond markets over long term periods and encompass a wide range of trading strategies (generally taking long / short
positions in futures contracts on equity indices, commodities, financials and currencies).
Initial margin is the deposit required to maintain either a short or long
position in a futures contract, it is NOT a cost.
A short
position in a futures contract is also an easy way to get extreme leverage.
Taking long or short
positions in futures contracts, for a corporation or a well - endowed investment fund with lots of foreign exposure, does not cost a lot.
Options on futures are similar to options on underlying instruments except that options on futures give the purchaser the right, in return for the premium paid, to assume
a position in a futures contract (a long position if the option is a call and a short position if the option is a put), rather than to purchase or sell the futures contract, at a specified exercise price at any time during the period of the option.
Not exact matches
Money managers hold record
positions in Brent crude
futures and options, lured by the hefty premium of the front - month June
contract over subsequent months that makes it profitable to invest
in crude over the longer term.
Money managers hold record
positions in Brent crude
futures and options, lured
in by the hefty premium of the front - month June
contract over subsequent months that makes it profitable to invest
in crude over the longer term.
Hedge funds and other money managers cut their combined net long
position in the six most important
futures and options
contracts...
Since October, they have dramatically ramped up their long
positions in gold
futures contracts.
Meanwhile, hedge funds and money managers raised their net long
position in COMEX gold
contracts in the week to Jan. 30 to their highest level since late - September, U.S. Commodity
Futures Trading Commission (CFTC) data showed on Friday.
Hedge funds and other money managers raised their net bullish
position in the six most important
futures and options
contracts linked to the price of crude and fuels by 45 million barrels
in the week to April 20.
Hedge funds and other money managers cut their combined net long
position in the six most important
futures and options
contracts linked to petroleum by six million barrels
in the week to April 24.
He based his forecast on seasonal changes
in buying and selling patterns and the fact that large speculators» net long
position is now at 445,000
futures contracts, which suggests there is not much space for more buying before the seasonal selling starts.
Oil fund managers are not betting on $ 20 a barrel oil this week because they increased their net - long
position by 16,855
contracts to 132,857
futures and options
in the week ending Sept. 8, according to the CFTC commitment of traders report.
It is an offset
position in the
contract of
futures for an existing
position towards a related commodity
in the cash market.
In April 2017, large speculators had built up a record net long position of more than 103,000 contracts in silver futures with the metal trading at $ 18.3
In April 2017, large speculators had built up a record net long
position of more than 103,000
contracts in silver futures with the metal trading at $ 18.3
in silver
futures with the metal trading at $ 18.30.
Accordingly, the Strategic Growth Fund is now back to a fully - hedged investment stance - meaning that the Fund continues to be fully invested
in a broadly diversified group of stocks that appear to have some combination of favorable valuation and favorable market action, while at the same time, the Fund carries an offsetting short
position of equal size
in the S&P 500 and Russell 2000 indices (using option combinations that mimic short
futures contracts) intended to mute the impact of broad market fluctuations on the Fund.
In Brent, hedge funds upped their net long
position by the most since March this year — 8 percent to 464,980
contracts, according to ICE
Futures Europe data.
There's limited coverage beyond calendar 2012
in part because we believe some commodities will experience cost declines from the current levels and we want to be
in a
position to benefit from that decline, or because the premiums for
future contracts are simply too great compared to what we expect prices will be
in the cash market several months from now.
According to Kitco News, citing Commodity
Futures Trading Commission (CFTC) data, money managers increased their speculative long positions in gold futures by 34,928 contracts to a total of 183,080 for the week ended Ma
Futures Trading Commission (CFTC) data, money managers increased their speculative long
positions in gold
futures by 34,928 contracts to a total of 183,080 for the week ended Ma
futures by 34,928
contracts to a total of 183,080 for the week ended March 27.
As an aside, the biggest ever speculative net short
position in silver
futures (of more than 10,000
contracts) was recorded
in late July 1997 — with silver trading at $ 4.43, then the low of the year.
The common element is that any long
position taken
in a specific equity is offset by a short
position in either a merger partner (risk arbitrage), an «overvalued» member of the same sector (long / short paired trading), a convertible bond (convertible arbitrage), a
futures contract (index arbitrage) or an option
contract (volatility arbitrage).
It makes short and long
positions in various markets, such as fixed income, currency
futures contracts, equity index and commodities.
Futures contract positions may not provide an effective hedge because changes in futures contract prices may not track those of the securities they are intended to
Futures contract positions may not provide an effective hedge because changes
in futures contract prices may not track those of the securities they are intended to
futures contract prices may not track those of the securities they are intended to hedge.
Therefore, we advise you to take note of the expiry and first notice dates (FND) of any
Futures Contracts in which you have
positions and ensure they are closed before the appropriate day, as described below.
Intended to prevent any trader from having an excessive influence on the energy
futures market
in Europe, MiFID 2 imposes tighter
position limits on
contracts.
When you carry out dynamic hedging, you hedge an asset by selling
futures in a way that ensures that the
position is adjusted frequently to adapt to changes
in the basis between the hedged asset and the price of the
futures contract.
Come on mate everyone knows our club has gone threw a transactional period that we will probably never see
in our life time again football has changed since the billionaires have come
in we had to make the changes no other manager could of kept us
in the top four while we had to change our whole structure I'm not saying wenger is perfect he does fustrate us all sometimes but were
in safe hands and were going
in the right direction not that I know a lot about the ffp but something is happening and every year we seem to becoming
in a stronger
position to what wenger is trying to achieve for our club we all know this is wenger last
contract and even if he win the cl or the epl he won't sign another
contract it just fustrates me that the way people act sometimes our time is coming even wen wenger leaves we will still have hope that we can compete for honours lets just enjoy beign arsenal fans and what will be will be cause wen
in a very stable
position and that is all the hope I need that our time will come
in the
future COYG
This is an incredibly difficult question to answer for a variety of reasons, most importantly because over the years our once vaunted «beautiful» style of play has become a shadow of it's former self, only to be replaced by a less than stellar «plug and play» mentality where players play out of
position and adjustments / substitutions are rarely forthcoming before the 75th minute... if you look at our current players, very few would make sense
in the traditional Wengerian system... at present, we don't have the personnel to move the ball quickly from deep - lying
position, efficient one touch midfielders that can make the necessary through balls or the disciplined and pacey forwards to stretch defences into wide
positions, without the aid of the backs coming up into the final 3rd, so that we can attack the defensive lanes
in the same clinical fashion we did years ago... on this current squad, we have only 1 central defender on staf, Mustafi, who seems to have any prowess
in the offensive zone or who can even pass two zones through so that we can advance play quickly out of our own end (I have seen some inklings that suggest Holding might have some offensive qualities but too early to tell)... unfortunately Mustafi has a tendency to get himself
in trouble when he gets overly aggressive on the ball... from our backs out wide, we've seen pace from the likes of Bellerin and Gibbs and the spirited albeit offensively stunted play of Monreal, but none of these players possess the skill - set required
in the offensive zone for the new Wenger scheme which requires deft touches, timely runs to the baseline and consistent crossing, especially when Giroud was playing and his ratio of scored goals per clear chances was relatively low (better last year though)... obviously I like Bellerin's
future prospects, as you can't teach pace, but I do worry that he regressed last season, which was obvious to Wenger because there was no way he would have used Ox as the right side wing - back so often knowing that Barcelona could come calling
in the off - season, if he thought otherwise... as for our midfielders, not a single one, minus the more confident Xhaka I watched played for the Swiss national team a couple years ago, who truly makes sense under the traditional Wenger model... Ramsey holds onto the ball too long, gives the ball away cheaply far too often and abandons his defensive responsibilities on a regular basis (doesn't score enough recently to justify): that being said, I've always thought he does possess a little something special, unfortunately he thinks so too... Xhaka is a little too slow to ever boss the midfield and he tends to telegraph his one true strength, his long ball play: although I must admit he did get a bit better during some points
in the latter part of last season... it always made me wonder why whenever he played with Coq Wenger always seemed to play Francis
in a more advanced role on the pitch... as for Coq, he is way too reckless at the wrong times and has exhibited little offensive prowess yet finds himself
in and around the box far too often... let's face it Wenger was ready to throw him
in the trash heap when injuries forced him to use Francis and then he had the nerve to act like this was all part of a bigger Wenger constructed plan... he like Ramsey, Xhaka and Elneny don't offer the skills necessary to satisfy the quick transitory nature of our old offensive scheme or the stout defensive mindset needed to protect the defensive zone so that our offensive players can remain aggressive
in the final third... on the front end, we have Ozil, a player of immense skill but stunted by his physical demeanor that tends to offend, the fact that he's been played out of
position far too many times since arriving and that the players
in front of him, minus Sanchez, make little to no sense considering what he has to offer (especially Giroud); just think about the quick counter-attack offence
in Real or the space and protection he receives
in the German National team's midfield, where teams couldn't afford to focus too heavily on one individual... this player was a passing «specialist» long before he arrived
in North London, so only an arrogant or ignorant individual would try to reinvent the wheel and / or not surround such a talent with the necessary components...
in regards to Ox, Walcott and Welbeck, although they all possess serious talents I see them
in large part as headless chickens who are on the injury table too much, lack the necessary first - touch and / or lack the finishing flair to warrant their inclusion
in a regular starting eleven; I would say that, of the 3, Ox showed the most upside once we went to a back 3, but even he became a bit too consumed by his pending
contract talks before the season ended and that concerned me a bit... if I had to choose one of those 3 players to stay on it would be Ox due to his potential as a plausible alternative to Bellerin
in that wing - back
position should we continue to use that formation...
in Sanchez, we get one of the most committed skill players we've seen on this squad for some years but that could all change soon, if it hasn't already of course... strangely enough, even he doesn't make sense given the constructs of the original Wenger offensive model because he holds onto the ball too long and he will give the ball up a little too often
in the offensive zone... a fact that is largely forgotten due to his infectious energy and the fact that the numbers he has achieved seem to justify the means... finally, and
in many ways most crucially, Giroud, there is nothing about this team or the offensive system that Wenger has traditionally employed that would even suggest such a player would make sense as a starter... too slow, too inefficient and way too easily dispossessed... once again, I think he has some special skills and, at times, has showed some world - class qualities but he's lack of mobility is an albatross around the necks of our offence... so when you ask who would be our best starting 11, I don't have a clue because of the 5 or 6 players that truly deserve a place
in this side, 1 just arrived, 3 aren't under
contract beyond 2018 and the other was just sold to Juve... man, this is theraputic because following this team is like an addiction to heroin without the benefits
He is currently sidelined with injury, but Hector Bellerin will likely hold on to his
position at wing - back, and Granit Xhaka and Aaron Ramsey are flourishing
in our new 3 -4-2-1 system, and the Ox may well believe that he could be falling behind
in the pecking order once again, a prospect which may make his consider his
future, especially with just 12 months left on his current
contract.
No I've been saying for a long time that this will be wenger last
contract and even if he wins cl or prem he will still leave no matter what, I am excited about wen we get a new manager and move forward from wenger but it wouldn't bother me one bit if he sees he's
contract out or if a new manager comes at the end of the season I'm just happy we as a club are financialy
in a very good
position and the
future is bright for us gooners
Time for some brutal honesty... this team, as it stands, is
in no better
position to compete next season than they were 12 months ago, minus the fact that some fans have been easily snowed by the acquisition of Lacazette, the free transfer LB and the release of Sanogo... if you look at the facts carefully you will see a team that still has far more questions than answers... to better show what I mean by this statement I will briefly discuss the current state of affairs on a
position - by -
position basis...
in goal we have 4 potential candidates, but
in reality we have only 1 option with any real
future and somehow he's the only one we have actively tried to get rid of for years because he and his father were a little too involved on social media and he got caught smoking (funny how people still defend Wiltshire under the same and far worse circumstances)... you would think we would want to keep any goaltender that Juventus had interest
in, as they seem to have a pretty good history when it comes to that
position... as far as the defenders on our current roster there are only a few individuals whom have the skill and / or youth worthy of our time and / or investment, as such we should get rid of anyone who doesn't meet those simple requirements, which means we should get rid of DeBouchy, Gibbs, Gabriel, Mertz and loan out Chambers to see if last seasons foray with Middlesborough was an anomaly or a prediction of things to come... some fans have lamented wildly about the return of Mertz to the starting lineup due to his FA Cup performance but these sort of pie
in the sky meanderings are indicative of what's wrong with this club and it's wishy - washy fan - base...
in addition to these moves the club should aggressively pursue the acquisition of dominant and mobile CB to stabilize an all too fragile defensive group that has self - destructed on numerous occasions over the past 5 seasons... moving forward and building on our need to re-establish our once dominant presence throughout the middle of the park we need to target a CDM then do whatever it takes to get that player into the fold without any of the usual nickel and diming we have become famous for (this kind of ruthless haggling has cost us numerous special players and certainly can't help make the player
in question feel good about the way their
future potential employer feels about them)...
in order for us to become dominant again we need to be strong up the middle again from Goalkeeper to CB to DM to ACM to striker, like we did
in our most glorious years before and during Wenger's reign... with this
in mind, if we want Ozil to be that dominant attacking midfielder we can't keep leaving him exposed to constant ridicule about his lack of defensive prowess and provide him with the proper players
in the final third... he was never a good defensive player
in Real or with the German National squad and they certainly didn't suffer as a result of his presence on the pitch... as for the rest of the midfield the blame falls squarely
in the hands of Wenger and Gazidis, the fact that Ramsey, Ox, Sanchez and even Ozil were allowed to regularly start when none of the aforementioned had more than a year left under
contract is criminal for a club of this size and financial might... the fact that we could find money for Walcott and Xhaka, who weren't even guaranteed starters, means that our whole business model needs a complete overhaul... for me it's time to get rid of some serious deadweight, even if it means selling them below what you believe their market value is just to simply right this ship and change the stagnant culture that currently exists... this means saying goodbye to Wiltshire, Elneny, Carzola, Walcott and Ramsey... everyone, minus Elneny, have spent just as much time on the training table as on the field of play, which would be manageable if they weren't so inconsistent from a performance standpoint (excluding Carzola, who is like the recent version of Rosicky — too bad, both will be deeply missed)...
in their places we need to bring
in some proven performers with no history of injuries... up front, although I do like the possibilities that a player like Lacazette presents, the fact that we had to wait so many years to acquire some true quality at the striker
position falls once again squarely at the feet of Wenger... this issue highlights the ultimate scam being perpetrated by this club since the arrival of Kroenke: pretend your a small market club when it comes to making purchases but milk your fans like a big market club when it comes to ticket prices and merchandising... I believe the reason why Wenger hasn't pursued someone of Henry's quality, minus a fairly inexpensive RVP, was that he knew that they would demand players of a similar ilk to be brought on board and that wasn't possible when the business model was that of a «selling» club... does it really make sense that we could only make a cheeky bid for Suarez, or that we couldn't get Higuain over the line when he was being offered up for half the price he eventually went to Juve for, or that we've only paid any interest to strikers who were clearly not going to press their current teams to let them go to Arsenal like Benzema or Cavani... just part of the facade that finally came crashing down when Sanchez finally called their bluff... the fact remains that no one wants to win more than Sanchez, including Wenger, and although I don't agree with everything that he has done off the field, I would much rather have Alexis front and center than a manager who has clearly bought into the Kroenke model
in large part due to the fact that his enormous ego suggests that only he could accomplish great things without breaking the bank... unfortunately that isn't possible anymore as the game has changed quite dramatically
in the last 15 years, which has left a largely complacent and complicit Wenger on the outside looking
in... so don't blame those players who demanded more and were left wanting... don't blame those fans who have tried desperately to raise awareness for several years when cracks began to appear... place the blame at the feet of those who were well aware all along of the potential pitfalls of just such a plan but continued to follow it even when it was no longer a financial necessity, like it ever really was...
Just about the whole summer has been taken up with the will - he - won't - he saga concerning Alexis Sanchez and his Arsenal
future, but although Mesut Ozil is
in exactly the same
position, most people have just assumed that he will stay and run down his
contract this season.
never waste CAPITAL LETTERS on an article about Chambers at this juncture... I still can't believe that no one from management has ever explained why such a frugal club spent so much money on him
in the first place... we haggle for months and years with clubs for players who could have a monumental impact on the very
future of our club but somehow we found $ 16 million for someone who couldn't regularly crack a Southampton lineup (very fishy)... don't get me wrong, I like what he showed at times last season
in Middlesbourogh but from the handful of games I watched him play I still have some serious questions about his consistency as a back - line player
in the EPL; as such he should prove himself on loan for another season, making sure that he goes to a team that wants him
in the starting 11... bottom line, let's not get bogged down with the semantics of peripheral players and focus on the real task at hand = figure out who the hell is going to be our starting 11 for the foreseeable
future, which means getting
contracts signed, getting rid of a lot of deadwood and bringing
in talented players into the
positions which truly need upgrading... the rest is just unnecessary noise
With Alexis Sanchez and Mesut Ozil facing uncertain
futures, Wenger will have to strengthen
in key
positions, and perhaps this is the first signing to address that with the influential duo out of
contract next summer and so they've been linked with exits at the end of this season to avoid leaving for nothing.
Officials from the company, AbTech Industry, testified under non-prosecution agreements that they felt pressured to raise Adam Skelos» salary as a consultant from $ 4,000 per month to $ 10,000 per month,
in order to
position the company for
future state
contracts related to Hurricane Sandy and hydraulic fracturing.
Considering that the Superintendent will be replaced by a permanent Superintendent
in the proximate
future and that the permanent Superintendent will want to put
in place administrators, exempt and non-exempt, to operate the Buffalo Public Schools (BPS), I move that the Superintendent not hire or appoint any new administrators, extend the
contracts of any present administrators or
in any way make any representations or execute any MOUs, or conduct any negotiations with any of the various unions of the personnel of the BPS pending his departure from his
position.
The minister lured down the protesters from the Institute for Environmental Protection and Research (ISPRA) with a promised meeting, and
in an agreement signed on 20 January, she pledged to renew all threatened
contracts for 1 year and to appoint new
positions in the near
future.
Bernadette Arnoux, who is responsible for the Young Researchers Programme at the ANR, adds that these short - term employment
contracts should have little if any impact on the overall number of permanent
positions that are to become available
in the
future in France.
It is essential for schools to consider: budgeting for
future open staffing
positions, and have details of any
contract details pencilled
in, not just an amount.
Uncovered Option: The Sale of a put or a call without holding an equal or opposite
position in the underlying
futures contract.
Clearing members holding open
positions in E-Mini Standard and Poor's MidCap 400 Stock Price Index
futures contracts at the time of termination of trading
in that
contract shall make payment to or receive payment from the Clearing House
in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.
Naked Option: A naked option involves the sale of a call or put option without holding an equal and opposite
position in the underlying instrument;
in this case, a
futures contract.
This is a trading strategy that can be used to hedge
positions in the equity markets using
futures contracts.
In order to avoid the delivery process and maintain a long
futures position, nearby
contracts must be sold and
contracts that have not yet reached the delivery period must be purchased.
This would be known as a long
position in a particular
futures contract.
It is also possible to take on a short
position and speculate on the price of the underlying
futures contract going down and offsetting the
position by buying back the exact same
contract on the same exchange with the hope of making a profit on the change
in price.
When initiating a long
position, the trader is anticipating an upward move
in the price of the
futures contract.
One method I have noticed is surprisingly under represented among retail traders is
futures spread trading, where a single
position in the market consists of the simultaneous purchase of one
futures contract and sale of a related
futures contract as a unit.