Modelling carrying charges for grains

Pavel Hála | Announcements | 24. 4. 2017

I’m excited to announce some interesting new features in our app regarding grains and carrying charges. These functions are actually nothing new for me. I coded them for ZC, ZS, ZM and ZL sometime in 2010 into my personal Javascript app that later became an alpha version of the SpreadCharts.com app. What’s brand new today and…

More

Understanding commodity ETF decay

Pavel Hála | Quantitative trading | 1. 3. 2017

In the previous article, I explained the compounding effect and the reason why leveraged ETFs lose value over time. Today, we’ll take a look at commodity ETFs. These funds can decay very fast, even if they are non-leveraged. That’s because the mechanism of decay is of a different nature than that of leveraged ETFs holding…

More

New term structure chart

Pavel Hála | Announcements | 16. 9. 2015

Term structure (or forward curve) gives investors an important insight into the state of the markets. Now you can find it in SpreadCharts too! It’s under Historical charts in the app. Here’s the current term structure for CBOT corn as an example:

More