159: Greg Newman – Bringing Stoicism to Trading—and Market Making in Oil Derivatives
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Brent Futures - What's the Attraction?
Brent is essentially the combined price of X and X. There's a Brent futures index, which is the methodology used to assess that final price. Because it's more closely linked to the physical, we get by trading in and out. We're using the spreads and the outrights to essentially try and close the position, but make money while doing it.
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