IS Risk Analytics' View From the Desk - May 2020

Posted by Jeff Wilkins on Jun 23, 2020 12:44:36 PM

May volumes were very similar to April totals, but still far below the highs reached in February and March. Although volumes were in line with April, profits were far lower. Losses in oil suppressed profitability in the early weeks of May as the majority of retail clients held their long positions into the rally at the start of the month. Movements in indices later in May helped salvage respectable, though below average, overall profits for the month.

IS Risk Analytics' View From the Desk - April 2020

Posted by Jeff Wilkins on May 11, 2020 4:53:07 PM

April saw broker volumes fall off significantly from the near-record numbers recorded in February and March. Profits, though down as well, were respectable as a result primarily of mid-month moves in oil markets that saw prices fall briefly into negative territory. Profits were also buoyed by movements in gold and US indices. Oil prices will likely be in focus again in May as we approach the expiration of this month’s futures contract.

IS Risk Analytics' View From the Desk - March 2020

Posted by Jeff Wilkins on Apr 3, 2020 3:21:15 PM

Volume totals in March matched the strong numbers from February, though daily figures trailed off late in the month. Daily profit figures also softened in the second half of the month, but monthly totals exceeded February as volatility in a broad range of markets brought strong early month results. After the turbulent market movements in February and March, volatility will likely continue while markets try to discover their true bottom. 

IS Risk Analytics' View From the Desk - February 2020

Posted by Jeff Wilkins on Mar 2, 2020 5:41:00 PM

February was an excellent month for brokers as Covid-19 coronavirus fears brought volatility to a wide range of markets. Volumes were up substantially from January, with some brokers reaching record monthly totals.

Profits were also robust, driven primarily by late month declines in stock indices and gold. With the uncertainty surrounding coronavirus continuing, the volatility may persist well into March, if not longer.

IS Risk Analytics' View From the Desk - January 2020

Posted by Jeff Wilkins on Feb 6, 2020 1:19:57 PM

2020 is off to a strong start as volumes and profits rebounded from a pedestrian month of December.

Early month profits were driven primarily by Gold, and the month finished strong on late month movements in the Euro. Indices also produced profits throughout the month as reactions to the spread of the coronavirus added volatility to equity markets.