Archr Archr Archr
  • Home.
  • About.
  • People.
  • Services.
  • Contact.
  • Home.
  • About.
  • People.
  • Services.
  • Contact.
Monday, 29 April, 2019

BTP Longs At Extremes – MNI

BTP Longs At Extremes

– BTPs stand out for their extreme long structural positioning in our latest update (as of April 26), with few changes seen elsewhere in futures positioning since April 12.

– German futures have been relatively steady over the past month, with overall positioning unchanged.

– Schatz positioning remains flat, with longs set last week. Bobl positioning remains long, with more longs set last week.

– Bund and Buxl both remain flat, with both seeing short cover last week.

– OAT structural positioning has remained flat since early February, with short cover seen last week.

– Gilt shorts have been reduced over the past two weeks, with positioning now flat. Notably, last week saw some short covering.

– BTP structural positioning has moved higher from long since mid-March to very long – indeed, these are the most extreme longs in at least a year.

——————————————————————————-
This message may contain confidential or privileged information. If you are not
the intended recipient, please advise us immediately and delete this message.
The unauthorised use, disclosure, distribution and/or copying of this e-mail or
any information it contains is prohibited.
This information is not, and should not be construed as, a recommendation,
solicitation or offer to buy or sell any securities or related financial
products. This information does not constitute investment advice, does not
constitute a personal recommendation and has been prepared without regard to
the individual financial circumstances, needs or objectives of persons who
receive it.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Like this:

Like Loading...

Related

A BESPOKE BROKING SERVICE ROOTED IN ENTREPRENEURIALISM, MOTIVATION AND REPUTATION

  • Careers
  • Terms
  • Compliance
  • Order Execution Policy Disclosure
  • Privacy Policy
  • Linkedin
  • Twitter
LONDON

49 Carnaby Street,
London, W1F 9PY

DUBAI

Unit Ot 19-31, Level 19, Central Park Offices,
Dubai International Financial Centre,
Dubai, 507146

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Like this:

Like Loading...

Related

CONTACT

t. +44 (0)20 7422 2970

hq@archr.com

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Like this:

Like Loading...

Related

Archr © Copyright Archr LLP 2020
%d