US announces proposed critical mineral trading bloc Mining News
17 grudnia 2025
The computed amount of spreading is calculated as the number of offsetting futures in different calendar months or offsetting futures and options in the same or different calendar months. Any residual long or short position is reported in the long or short column. The short format shows reportable open interest and week-to-week open interest changes separately by reportable and non-reportable positions.
Trading Edge Explained: Definition and Types
The long report, in addition to the information in the short report, groups the data by crop year, where appropriate, and shows the concentration of positions held by the largest four and eight traders. Due to legal restraints (CEA Section 8 data and confidential business practices), the CFTC does not publish information on how individual traders are classified in the COT reports. Understanding what win rate represents, how it interacts with risk-reward, and why different strategies require different win rates helps traders evaluate performance realistically.
A trading edge is a repeatable advantage that produces positive expectancy over time. It is not about winning every trade or finding secret strategies. A trading edge is a statistical advantage that allows a trader to expect positive results over a large number of trades. The idea of a trading edge is often treated as something mysterious or secretive.
Why U.S. Equities Are Moving Toward a Continuous Market
With a client-centric approach and Vega Gainlux a commitment to continuous innovation, Exegy’s global team delivers expert solutions tailored to meet the evolving needs of the financial industry. All three overnight venues will be available through Axiom via Exegy’s New York Point of Presence, with Top-of-Book (L1) or Depth-of-Book (L2) options. The OBBO service will be offered as a separate, standalone feed offering based on each of the three venues’ Top-of-Book feeds (L1). The Legacy Report has data available back to January 15, 1986. The CIT Report has data available back to January 3, 2006, and both the Disaggregated Reports and Trader in Financial Futures reports have data back to June 13, 2006. Because of resource constraints, we are currently only able to release this report once a week.
CME sets January trading record
If you want to understand whether a strategy truly has an edge, observing its performance across different market conditions can reveal whether results are repeatable or random. Akin’s white collar defense & government investigations and state attorneys general practices have deep experience handling investigations and litigations opposite the NYAG and other state attorneys general. This includes insider trading matters involving the issues discussed in this alert where we have achieved favorable outcomes for clients. Should a company of its executives be faced with such a matter, our team is well positioned to assist.
Understanding what win rate actually measures, and what it does not, is essential for evaluating trading performance realistically. China has maintained 70 percent of the world’s rare earth mining. Critical minerals are used in key products that consumers use daily, including smartphones and cars. United States Vice President JD Vance has proposed creating a new critical mineral trading bloc and coordinating pricing floors as Washington tries to loosen China’s control over rare earth mineral manufacturing. Each market offers different sources of advantage. Understanding where your edge fits matters more than copying others.
- This will allow clients to easily perform best price discovery, filling a structural gap in overnight markets.
- An edge is the outcome of applying those rules effectively.
- Under the Oracle court’s reasoning, unless the defendant’s trades were motivated by a desire to profit on material nonpublic information (i.e., he or she acted with scienter), there would be no duty breach and therefore no insider trading, even under the Martin Act.
- It must be monitored and adapted to changing markets.
- A strategy that wins often but loses big on losing trades can perform poorly overall.
In that case, the former CEO of Ontrak, Inc., Terren Peizer, was convicted at trial and sentenced to 42 months in prison. In January 2026, while the case was on appeal, President Trump pardoned Peizer. Exegy is a global leader in low-latency market data, trading, and execution technology—delivering innovative, end-to-end solutions that power the world’s capital markets. Backed by Marlin Equity Partners, Exegy delivers comprehensive, end-to-end infrastructure solutions to a broad spectrum of market participants, including buy-side and sell-side institutions, trading venues, and independent software vendors. This will allow clients to easily perform best price discovery, filling a structural gap in overnight markets. Axiom will also offer market data access to these ATSs with connectivity currently in development and is expected to be delivered in Q1.
Conversely, a trader with a 70 percent win rate can lose money if losses are much larger than gains. This is why professional traders rarely evaluate performance using win rate alone. They view it as one variable in a broader system. If you want to understand why traders with different win rates can have very different outcomes, comparing win rate alongside average gains and losses can be revealing.
In options trading, win rate can be especially deceptive. Strategies that sell options often show high win rates because options expire worthless frequently. However, occasional large losses can dominate overall performance. A trader with a 40 percent win rate can still be profitable if winning trades are significantly larger than losing trades. Win rate is one of the most frequently quoted metrics in trading. Many traders assume that a higher win rate automatically means better performance, while a lower win rate signals poor strategy.
Under the Oracle court’s reasoning, unless the defendant’s trades were motivated by a desire to profit on material nonpublic information (i.e., he or she acted with scienter), there would be no duty breach and therefore no insider trading, even under the Martin Act. Expanding coverage to include overnight ATS venues in Exegy’s global market data offering is one of several ways Exegy continues to support its growth strategy and reinforce its commitment to proactively address market shifts and evolving client needs. Further expanding the offered coverage, in Q4 2025, Axiom integrated real-time, low-latency Canadian equity data via the TMX Information Processor (TMX IP), a TMX Datalinx product. Emergent’s in-house counsel reviewed the trading plan, and it became effective on November 13, 2020. In January 2021, following the expiry of the cooling-off period, Kramer began exercising his stock options and selling the shares pursuant to the plan.
