Djellal Djouad
Praktisi pasar keuangan dan peneliti independen di bidang keuangan kuantitatif. Salah satu pendiri CrossVol. Signed, first-person notes from the desk on volatility, dealer positioning and cross-asset flow.
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basis trade
The Treasury Basis Trade: Mechanics, Current Stress, and the Shared Tail
A desk-level walk through the cash-futures, repo, curve, and breakeven structures, the point-value math that decides who survives a 50bp day, and the tail the basis book shares with dispersion.
2026-09-19
credit
Kendaraan di Samping Neraca: Broadcom, CDS Hyperscaler, dan Pertanyaan 60 Miliar Dolar
2026-08-22
macro
Gejala Sama, Penyakit Berbeda: mengapa 2026 bukan pengulangan 2022
2026-08-20
diesel
Musim Dingin Diesel Eropa: guncangan energi 2026 yang dihargai setiap pasar kecuali saham
2026-08-08
Brent
Brent
Kompleks Energi Sudah Memilih: Brent Tembus 100 dan Setiap Desk Menyebutnya Lonjakan Sesaat
2026-07-25
Buku
The Coming Shadow Banking Crash: Inside the $3 Trillion Ticking Bomb Thriller keuangan berbasis data nyata: empat garis patahan yang konvergen di bawah pasar kredit privat senilai US$3 triliun.
2026 Beyond Gamma Exposure: A Four-Lens Framework for Options Traders Who See What GEX Misses Kerangka empat lensa untuk trader opsi yang melihat apa yang dilewatkan GEX standar. · CrossVol Research, Buku 1 dari 3
2026 FX Traders vs Brokers: Vanilla and Exotic Options, Forwards, and Other OTC Structures: What Retail Traders Never See Opsi vanilla dan eksotis, forward, dan struktur OTC yang tidak pernah dilihat trader ritel. · CrossVol Research, Buku 2 dari 3
2026 The China AI Disruption Thesis: Why The Sell-Side Is Six Months Late On AI Infrastructure Mengapa sell side terlambat enam bulan dalam hal infrastruktur AI. · CrossVol Research, Buku 3 dari 3
2026 CrossVol Research Seri tiga buku di Amazon.
SeriWorking paper
Research & elsewhere
The Crash Fuse Is Lit: Oracle, Bessent, the Yen and Quarter EndOracle's force majeure, a 237 bp CDS, SoftBank's ARM margin loan, Japanese repatriation and Bessent's strong yen push all meet at the September 30 quarter end.
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