Archive - Cross the Spread

August 2025

The Future of Futures

"Give me a lever long enough and a fulcrum on which to place it, and I shall move the world". This is the story of how humanity used financial leverage…

Aug 29 •

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The Fed is a Market Whale

Reading about the Fed and their decisions (or “monetary policy”) in the press used to make me feel stupid. It shouldn’t.

Aug 29 •

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The Panopticon of Equity Markets

Why is the U.S. locked out of single stock futures? And why are perps the way forward?

Aug 29 •

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Leverage, Rebalancing and the Short Gamma Problem

For retail, there aren't many ways to trade equities with simple (no options) leverage.

Aug 29 •

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Trading the Fed

With the Fed trending in the news recently, here's how institutional market makers trade the Fed.

Aug 29 •

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The Prediction Market Paradox

Exchange-ification usually improves markets, but not always.

Aug 26 •

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