CEOs' Secret to Mastering Trade Rates Volatility: Freight Futures | With Johnson Leung скачать в хорошем качестве

CEOs' Secret to Mastering Trade Rates Volatility: Freight Futures | With Johnson Leung

Hedge fund investor and co-founder of Linerlytica, Johnson Leung joins Bertrand Chen, CEO of GSBN on the Schelling Point to discuss his career path at from shipping at Maersk to hedge fund and now, data-driven decisions to champion freight futures. Johnson discusses how freight futures are transforming the ability for shipping lines to manage the volatility of freight rates and as a result, be able to deliver more predictable earnings. In the episode, the pair also outlined the key reasons for the success of the freight futures exchange in Shanghai. Shipping Lines, cargo owners and freight forwarders can all tap into this new market to better manage their exposure to a very volatile freight rate market. Tune in to hear an insider’s perspective on how freight futures are reshaping the shipping industry. Short-selling, Shipping, Futures: The circular path of a shipping analyst who is trying to improve global trade with financial innovation to make freight rates volatility more manageable 01:01 - From Maersk to JP Morgan: an unusual transition from Shipping to Finance 06:21 - From sellside to buyside: how Johnson started to manage a book of shipping stocks and FFA (Freight Forward Agreement) 08:32 - How to manage downside risk with a $200M shipping-focused hedge fund? FFAs. 11:28 - Linerlyica: data analytics firm to help trade Shipping stocks. 14:52 - “Timing is everything!”: How did I learn to short the market the hard way? 20:44 - Why is short selling so hard to do? 22:18 - COVID windfall: How data provided the opportunity of a lifetime? 24:09 - Futures 101: What are Futures contracts and Why Do They Matter? 25:36 - Futures 101: Physical V.S. Cash Settlement 31:51- Futures 101: Basis Risk: Are you trading the right instrument? 35:15 - Futures 101: Margin Calls & Liquidity: How to not get wiped out by one violent move? 41:12 - Case Study: What Cathay Pacific did wrong hedging their exposure using oil futures? 44:11 - Why does the shipping industry need freight futures? 46:30 - Is the TAM Big Enough for Futures? 48:13 - Why have previous Freight Futures struggled to take off? 57:29 - Risk management with Chinese Characteristics. Why is it different this time in Shanghai? 1:03:53 - In-depth look into the indexes calculation methodologies: potential flaws and risks 1:08:32 - How are Liners, Forwarders, & Hedge Funds trialing Freight Futures in their risk management processes? 1:12:30 - Will Freight Futures induce a rerating of Shipping Stocks on Wall Street? 1:15:37 - Johnson’s advice for large Carriers such as MSC, Maersk and COSCO in adopting freight futures into their arsenal of tools for risk management. 1:18:24 - A real case for Carriers: How to lock in high rates with freight futures? 1:26:21 - A real case for Beneficial Cargo Owners: How to take advantage of a depressed freight futures market? 1:29:38 - A real case for Freight Forwarder: How can they become true brokers to provide liquidity to the market , do arbitrage and write options? 1:36:29 - How to get in touch with Johnson / Linerlytica to learn more about Freight Futures. Want to listen to more of The Schelling Point? 🔗 Listen to Episode 1 with Adrian Pinna: People, Cocktails & Contracts: A recipe for enduring relationship across booms and busts in Shipping    • Container Shipping Sales 101 with the Prin...   🔗 Listen to Episode 2 with Pamela Mar: Legal Reform, Digitalization & Partnership: an Idealist’s pragmatic plan to transform Global Trade    • Is trade digitalisation the key to bring p...   🔗 Listen to Episode 3 with Lynn Loo: Serendipity, Engineering, LinkedIn: An unlikely path from Princeton University to the engine room driving the decarbonisation of the maritime industry.    • Mission Impossible - Decarbonise the shipp...   🔗 Listen to Episode 4 with Marc Levinson: Malcolm Mclean: A Trucker From North Carolina who Changed all Our Lives    • Malcom McLean: A Trucker From North Caroli...   📌 Don’t forget to like, subscribe, and hit the bell icon to stay updated on future episodes of The Schelling Point. 📬 For feedback or guest suggestions, drop us a comment or connect with us on LinkedIn [https://www.linkedin.com/company/gsbn...]. #DigitalTrade #SupplyChain #JohnsonLeung #Linerlytica #GlobalTrade #TheSchellingPoint #Shipping #FreightFutures #TradingFutures #RiskManagement