Published inTDX Strategies·Dec 8, 2021Appointment — Head of EngineeringTDX Strategies is pleased to announce the appointment of Eric Luk as Director — Head of Engineering. Eric has over 20 years of experience in the financial industry and has held various software engineering positions at leading investment banks including HSBC, Nomura, Morgan Stanley and Deutsche Bank. He is a specialist in building structured product risk management and trade processing systems as well as an expert in market making platforms. Prior to joining TDX, Eric was the Senior Product Owner for Credit Bespoke Solution at Standard Chartered Bank.Options1 min readOptions1 min read
Published inTDX Strategies·Sep 29, 2021Markets tumble as China intensifies crackdown on crypto tradingWritten by Dick Lo, Clement Cheng, and Janson Wang Following the ban in May which prohibited financial institutions and payment companies from providing services to crypto-related transactions, the Chinese central bank and regulators announced on Friday evening that they will explicitly ban all crypto-related activities. The latest announcement would bar…Blog3 min readBlog3 min read
Published inTDX Strategies·Aug 16, 2021Incredible Rally but Dark Clouds on the Horizon?Written by Dick Lo In a complete 360° turnaround versus a month ago (during which good news was met with minimal market reaction while bad news exacerbated moves to the downside), market sentiment now is unquestionably bullish with seemingly significant bad news — such as the Senate’s inability to put…Bitcoin3 min readBitcoin3 min read
Published inTDX Strategies·Jul 25, 2021Implied vols continue to drift lower as BTC rebounds >10% from lowsWritten by Dick Lo, Clement Cheng, and Janson Wang Markets rebounded strongly from the lows seen on Tuesday after Elon Musk revealed at The B Word Conference that he personally owns Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) while both Tesla and SpaceX holds Bitcoin. …Bitcoin3 min readBitcoin3 min read
Published inTDX Strategies·Jul 12, 2021Market weakness heading into the weekend after yet another failed attempt at breaking $36k resistanceWritten by Dick Lo, Clement Cheng, and Janson Wang Bitcoin (BTC) sees selling into the weekend for the third week in a row, whereby we have observed that the spot prices of BTC has fallen on Thursdays and Fridays, only to recover on Sundays and reaching the week’s peak at…3 min read3 min read
Published inTDX Strategies·Jul 4, 2021Waiting game continues as markets fail to break out on the upsideWritten by Dick Lo, Clement Cheng, and Janson Wang After another attempt during the week to break out of the recent trading range, the rally in BTC and ETH lost traction and yet again failed at the key resistance levels of $36,500 and $2,250. …Bitcoin3 min readBitcoin3 min read
Published inTDX Strategies·Jun 26, 2021Volatility climbs as Bitcoin dominance continues to recoverWritten by Dick Lo, Clement Cheng, and Janson Wang China intensified its crackdown on crypto with reports that the central bank urged banks and other payment service providers to stop crypto-related activities. …Bitcoin3 min readBitcoin3 min read
Published inTDX Strategies·Jun 12, 2021Bitcoin tries to recover after yet another choppy week; El Salvador become the first sovereign nation to adopt Bitcoin as a form of legal tenderWritten by Dick Lo, Clement Cheng, and Janson Wang The week began on a shaky footing with short interest on Bitfinex rising on Monday to levels seen prior to large recent selloffs. Bitcoin (BTC) subsequently proceeded to trade as low as $31k on Tuesday night on news that the IRS…Cryptocurrency3 min readCryptocurrency3 min read
Published inTDX Strategies·Jun 7, 2021Elon Musk “breaks up” with Bitcoin on Twitter, China shuts down Weibo accounts of crypto influencers, traders and minersWritten by Dick Lo, Clement Cheng, Janson Wang Markets spent most of the week in constructive consolidation as Bitcoin (BTC) and Ethereum (ETH) approached $40k and $3k respectively and appeared to be on the verge of breaking out technically before an Elon Musk Tweet on Friday featuring the Bitcoin symbol…Options3 min readOptions3 min read
