It seems that a growing numbers of commentators are becoming ever-louder in their bearish views. Yet few give their readers any practical advice as to how to put this “knowledge” to work. Are they suggesting that people sell their houses … Read More
Archive for the ‘Basics’ Category.
I continue to believe that while traders may approach outright markets with some caution that they can be more aggressive when expressing views of relative performance. That is, they may not have a precise view about how much the LAX … Read More
I had promised in the monthly recap for February to update a table of the HCI/CUS (10-city index) calendar spreads for the November expiration series. Here you go.
Understanding calendar spreads is critical to trading housing futures, as the spreads … Read More
The weighting for Case Shiller composite indices (e.g. CUS 10-city, referenced in the CME contracts) may be adjusted 2- 3 years after the 2010 census, per the Case Shiller index methodology. I raise this notion to: 1) increase awareness, 2) … Read More
The CME announced yesterday (Aug 27th) that they will be changing the trading hours for the Case Shiller futures starting Tuesday Sept 3rd. Contracts will be open to trade from 8:15 AM -3 PM (Chicago hours, or 9:15 AM to … Read More
Basics: The Ultimate FAQ: Why isn’t there more volume in the CME Case Shiller Home Price Index contracts?
Having addressed the technical FAQs in a recent blog, I’d like to address the most important FAQ: Why haven’t there been more volume in the CME Case Shiller futures?
In discussions with various interested parties over the past three years … Read More
One of my conclusions from how the markets reacted over the last week is that I need to spend more time marketing, and less energy market-making (in some of the contracts with less interest). It is important that more people … Read More
If inter-city spread trades are going to be a focus for 2013 then it might help to explain what they mean. That was the “constructive criticism” from one reader. Point noted.
Let me use a rivalry that New York traders … Read More