The greatest sale on IASG is coming to an end as Adalpha Asset Management is changing their fee structure for new investors from 0/30 management and incentive fee to 1/20 effective January 1st, 2021. Gary Polony quietly traded this program since 2003 alongside his proprietary business before customer assets took off in mid-2019.  Despite spending immense […]

October was generally a strong month across the oil complex. Yet during that period gas and coal prices more or less halved. The interaction between fossil fuels continues with European gas prices ending their free fall at levels where oil prices were no longer competitive at substituting it. Spot crude oil balance tightness remained relatively […]

Commentary provided by Mark Adams of Warrington Asset Management After a choppy start to the month for the S&P 500 Index (“S&P”), the release of positive earnings reports sent the markets into an unabated upward trajectory with the indices quickly reaching new all-time highs. These strong gains were in the face of continued supply chain disruptions, […]

For any profession, once you have done it for a while, some concepts become second nature to the point that you forget that not everyone (or very few) understands them at even a basic level.  I find that options are the concept that confuses people the most and one that is perhaps most valuable to […]

As one of the world’s largest futures databases, we begin talking to traders often at the earliest stages of their evolution up to billions of dollars in assets. But not all beginnings are equal, as some achieve early success and others never find it at all. Part of our challenge is trying to determine which […]

Managers in the futures space are faced with a dilemma when they launch their programs.  They need to choose a trade level.  For an equity manager this is an easy process as they often trade 100% of the cash available and sometimes decide to use leverage.  ALL futures contracts already have the leverage built in […]