From front-running commodity index rolls to trading spreads, we're taking you on a bit of a historic journey with Emil Van Essen and Bryan Kiernan of Katonah Eve. Join us as we explore the evolution of their strategies and firm, while talking the world of commodities.
In this episode, we'll uncover the evolution of Katonah Eve, from pulling data ahead of the game to mastering roll yields and transitioning into the world of spread trading. We'll also discuss what it takes to survive so long in this business, going institutional for in-house operations, and how they have more than just skin in the game, they’re putting skin in the the pre-game as well to test new sources of Alpha.
We unpack what makes their Long/Short Commodity strategy different, and how long/short differs from trend, and explore topics like term structure, spread trading and data, the importance of diversification, and the importance of testing ideas with live ammunition. And we can’t talk with Emil without talking about the energy patch, the crypto space, and China – all of which we touch on. SEND IT!
Chapters:
00:00-01:57= Intro
01:58-4:38= Mountain Bike Racing?
3:56-15:35= Evolution of EVE: Pulling data ahead of the game & Roll yields to spread trading
15:36-22:38= Expanding in-house infrastructure, market making, and the constant search for Alpha
22:39-37:15= Long/short Commodities, Term structure, Spread
vs Trend & Diversification in Commodity markets
37:16-50:34= The Energy guy, Alpha in Crypto & inside China
From the episode:
Crude Oil goes negative…What ^%$# - Derivative podcast
Follow along with Emil and Bryan on LinkedIn for more information!
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Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer
The Derivative