Djellal Djouad
Professional op de financiële markten en onafhankelijk onderzoeker in quantitative finance. Medeoprichter van CrossVol Research. 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
The Vehicle Beside the Balance Sheet: Broadcom, Hyperscaler CDS, and the 60 Billion Dollar Question
2026-08-22
macro
Same Symptoms, Different Disease: why 2026 is not a rerun of 2022
2026-08-20
diesel
Europa's Dieselwinter: de energieschok van 2026 die elke markt inprijst behalve de aandelen
2026-08-08
Brent
Brent
The Complex Voted: Brent Cracked 100 and Every Desk Called It a Spike
2026-07-25
Boeken
The Coming Shadow Banking Crash: Inside the $3 Trillion Ticking Bomb Een financiële thriller gebaseerd op echte data: vier breuklijnen die samenkomen onder de private-creditmarkt van 3 biljoen dollar.
2026 Beyond Gamma Exposure: A Four-Lens Framework for Options Traders Who See What GEX Misses Een raamwerk met vier lenzen voor optiehandelaren die zien wat de standaard GEX mist. · CrossVol Research, Boek 1 van 3
2026 FX Traders vs Brokers: Vanilla and Exotic Options, Forwards, and Other OTC Structures: What Retail Traders Never See Vanilla- en exotische opties, forwards en de OTC-structuren die particuliere handelaren nooit te zien krijgen. · CrossVol Research, Boek 2 van 3
2026 The China AI Disruption Thesis: Why The Sell-Side Is Six Months Late On AI Infrastructure Waarom de sell side zes maanden achterloopt op AI-infrastructuur. · CrossVol Research, Boek 3 van 3
2026 CrossVol Research Reeks van drie boeken op Amazon.
ReeksWorking papers
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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