Aggregate positioning
Exposure across the market, long against short, showing which side is carrying the risk.
Our reports have now moved onto our Flux platform. Existing customers can Login to Flux for access, or visit The Officials to sign up for free trial access.
Shorts accumulate quietly. Price starts to rise. We know the level they got in at, so we know the moment it turns against them, and when they are forced to buy their way out, that is the breakout.
Produced by the largest global liquidity provider in oil swaps.
Exposure across the market, long against short, showing which side is carrying the risk.
The prices at which those positions were established. When the market trades through them, it identifies where participants come under pressure.
The precise risk deployed at every point along the curve, rather than a single headline figure at the front.
A measure of how crowded a position already is, and how much room a move has left.
Gauge why prices have already moved, and measure where they could go
The board itself, in the format it actually displays: candles with the pressure index over them, open interest beneath, market position beneath that.
A physical cargo trades. The hedge goes on the same day, because any lag is basis risk, and that hedge is what shows up in our data. The cargo does not load for another fortnight and does not discharge for a fortnight after that. The paper moves first. Everything physical follows.
Onyx COT: aggregate positioning, average entry levels, risk across the curve and market saturation, cross-barrel. Delivered on one subscription.
All prices in USD, per user. The app is included in every plan.