Short Squeeze, CTA Traders At Work In Iron Ore, Oil Surge

HFA Padded
Mark Melin
Published on
Updated on

With Iron Ore spiking nearly 17% today and the price of oil jumping the most in a week since last summer, up close to 5% on the day, one bank futures trade desk in London thinks they understand causation for these moves. This comes as the hand-wringing over long / short hedge funds with ill-timed long / short ratio management is considered in another bank report. CTA liquidity squeeze moving iron ore and oil markets, says bank analyst Martin Glanville, Credit Suisse’s London-based Head of Futures, said today’s dramatic jump in the price of Iron Ore is resulting from a…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.