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Alpha Exchange

Latest episodes

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28 snips
Sep 11, 2024 • 51min

Kris Abdelmessih, Co-Founder, Moontower AI

Kris Abdelmessih, Co-Founder of Moontower AI and a seasoned options trader, shares his rich experiences from market making to trading volatility. He discusses the critical importance of strong sell-side relationships and effective risk management strategies. Kris highlights the challenges faced when trading volatile ETFs, particularly referencing the April 2020 crude oil meltdown. He also delves into insights about micro-edge strategies and the evolving dynamics of trading in today's technology-driven markets.
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Sep 9, 2024 • 14min

Elections Have (Vol) Consequences

Former US President Barack Obama shares insights on the consequences of elections, focusing on their impact on financial markets. He discusses the implications of market volatility around the U.S. presidential debate and reflects on past events like Brexit. Obama emphasizes the significance of risk management strategies, particularly in derivatives. The conversation highlights how election outcomes shape market behavior, with volatility measures like the VIX being influenced by changes in supply and demand.
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Sep 3, 2024 • 15min

Lessons from the Rowdy VIX

Discover the intriguing dynamics of price discovery and liquidity in the financial markets. Delve into the significant disruption that occurred on August 5th, reshaping trading strategies in the S&P 500 options market. Explore the interconnectedness of equity and interest rate volatility, along with the evolving trends in VIX exchange-traded products. Learn how these elements affect market behavior and provide insights for navigating upcoming economic indicators and events.
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Aug 27, 2024 • 40min

Kathryn Rooney Vera, Chief Strategist, StoneX Group Inc.

Kathryn Rooney Vera, Chief Market Strategist at StoneX, shares her inspiring journey from cleaning houses to mastering finance. She discusses her methods for identifying market value, highlighting the importance of forecasting growth and inflation. Kathryn advises on protective option strategies and explores the intriguing intersection of the utilities sector and AI. She emphasizes current economic dynamics, including the Fed's challenges with inflation and growth, and provides insights on effective investment positioning during market volatility.
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Aug 20, 2024 • 14min

VIX Went Cray Cray

Dive into the world of market volatility as recent fluctuations in the VIX reveal hidden chaos beneath stable indicators. Discover how the yen's surprising rally impacted investor sentiment and asset valuations. The conversation touches on crowding as a catalyst for market disturbances and effective risk management strategies like put spread collars. It's a fascinating look at the interplay of currency dynamics and rising VIX levels, shedding light on broader implications for the financial landscape.
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6 snips
Aug 19, 2024 • 50min

Vineer Bhansali, Founder and CIO, LongTail Alpha

Vineer Bhansali, founder and CIO of LongTail Alpha, recently conquered the grueling Badwater 135 ultra-marathon. In this engaging conversation, he compares the intense mental preparation of marathon running to navigating volatile financial markets. Vineer discusses the overconsumption of the Yen carry trade as a market catalyst, emphasizing the importance of risk management through derivatives. He advocates for incorporating insurance strategies into long-term portfolios, particularly amid market uncertainty and changing liquidity dynamics.
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Aug 15, 2024 • 53min

Oliver Brennan, FX Volatility Strategist, BNP Paribas

Oliver Brennan, an FX volatility strategist at BNP Paribas with a physics background, dives into the intricacies of market volatility episodes, including the Euro-Swiss break and Brexit. He explains the current dynamics affecting the Japanese Yen, emphasizing the risks from extended carry trades and the lack of corporate supply. Additionally, Oliver shares insights on the interplay of collaboration and competition in trading, underscoring how evidence-based strategies can illuminate the unpredictable nature of financial markets.
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Aug 12, 2024 • 17min

Markets are Never Say Never

Dive into the volatile world of financial markets where chaos reigns supreme. Discover how volatility emerges as the only truly resilient asset during market upheavals. Reflect on the recent seismic shifts in the Nikkei and VIX, revealing the intricate dance of liquidity and risk management. Gain insights into the complexities of market dynamics and the significance of innovation in financial products. This episode offers a thought-provoking analysis that will leave you pondering the unpredictable nature of trading.
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Aug 8, 2024 • 55min

Dan Greenhaus, Chief Strategist, Solus Alternative Asset Management LP

Dan Greenhaus, Chief Strategist at Solus Alternative Asset Management, discusses his extensive experience in distressed and high-yield investing. He highlights the significance of gauging market consensus and understanding pricing intricacies. Dan examines the current economic climate and the Federal Reserve's interest rate policies, noting their unexpected impact on consumer behavior. He draws attention to indicators like jobless claims and Visa's earnings, while reflecting on how past easing cycles often missed timely interventions. His insights reveal the balance between theory and real-world market dynamics.
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Aug 3, 2024 • 40min

Lisa O'Connor, Head of Global Model Portfolios & Co-CIO for Multi-Asset Solutions, BlackRock

Lisa O'Connor, Co-CIO of Multi-Asset Solutions at BlackRock, shares her insights from navigating market risk cycles. She emphasizes how crises prompt investors to focus on relative value. Delving into asset allocation, she discusses the balance of quantitative and fundamental factors, highlighting the benefits of diversifiers like gold. Lisa also examines the effects of the Fed's easing cycle, AI's role in financial analysis, and strategies for cautious investment amid changing market dynamics, especially concerning tech spending.

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