Market Intelligence

Research built to improve pricing, execution and portfolio decisions.

Avermont research is intended to reduce guesswork. It connects volatility, positioning, liquidity, macro conditions and market structure so that product selection, execution timing and risk appetite can be framed with more context.

Avermont research team working in a Los Angeles office

Research Coverage

The research agenda: eight recurring questions.

Each stream answers a different question, but the best conclusions usually come from combining several of them.

Volatility

Realized and implied volatility, skew, term structure, event risk and dispersion.

Derivatives Positioning

Open interest, funding, basis, option concentration and maturity structure.

Liquidity & Microstructure

Depth, spread, turnover, venue quality, fragmentation and execution conditions.

Macro & Cross-Asset

Rates, dollar liquidity, equities, commodities and broader risk sentiment.

Network & Ecosystem

Activity, adoption, infrastructure development and ecosystem-level trends.

Flows & Allocation

Capital movement, institutional participation and changing demand across segments.

Regulatory & Market Structure

Policy changes, venue structure, custody, settlement and institutional market evolution.

Scenario Research

What-if analysis linking market shocks to volatility, liquidity and portfolio exposures.

Research Framework

One research function connecting several lenses.

Research should not stop at publishing observations. The purpose is to combine several lenses into a usable decision framework that can inform pricing, execution and risk-taking.

ObservationTrack what the market is doing across spot, derivatives, liquidity and macro variables.

InterpretationSeparate signal from noise by comparing price action with positioning, volatility and participation.

Decision TranslationConvert the analysis into product choice, execution posture and risk implications.

Market Intelligence

VolatilityPositioningLiquidityMacroFlowsStructure

Research Outputs

What the intelligence function can publish repeatedly.

The most useful research functions produce repeatable outputs that help the desk and leadership stay synchronized.

Daily Market Brief

Short-form review of overnight moves, volatility, funding, flows and notable cross-asset changes.

Volatility Note

Commentary on realized and implied volatility conditions, skew shifts and event-risk pricing.

Positioning Monitor

Open-interest, basis, funding and maturity snapshots to help read leverage and crowding.

Liquidity Snapshot

Depth, spread, turnover and venue-quality observations relevant to execution planning.

Scenario Memo

What-if frameworks tying a market shock to product performance, collateral effects and risk posture.

Strategy Brief

Thematic analysis linking a market view to potential instrument, hedge or execution choices.

Decision Pathways

How research reaches the desk and management team.

Research matters most when it changes action. These are the main pathways from observation to decision.

Trade Timing

Liquidity and volatility context can influence when and how an exposure is implemented.

Instrument Selection

Market structure and payoff analysis can change whether the right expression is spot, futures or options.

Hedging Posture

Scenario work and volatility signals can shape hedge ratio, tenor choice and downside protection design.

Risk Appetite

Positioning, flows and macro context can support tighter or wider internal risk boundaries.

Capital Planning

Research can influence collateral planning, treasury allocation and financing readiness around major events.

Management Reporting

Research can help leadership understand what matters now, what is changing and where the business should pay attention.

Research Disciplines

Three layers of research discipline.

A useful intelligence platform balances fast observation with deeper thematic work and practical execution context.

Desk Research

Intraday market observations
Volatility and positioning context
Execution-relevant liquidity notes
Short-form event commentary

Thematic Research

Market-structure evolution
Cross-asset relationships
Institutional flow trends
Regulatory and ecosystem shifts

Portfolio & Risk Context

Scenario analysis
Product and hedge implications
Capital and collateral considerations
Management-facing summaries

Research Workflow

From data intake to decision support.

The intelligence process is designed to turn raw information into a clearer operating view.

Collect market, derivatives, liquidity and macro data.

Identify what changed and what appears unusual.

Compare price action with positioning and volatility.

Translate the signal into product and execution relevance.

Highlight risk implications, scenarios and escalation triggers.

Distribute concise conclusions to the desk and leadership.

RESEARCH · EXECUTION · RISK

Intelligence should change decisions, not just describe markets.

See how research connects with the broader Products and Markets platform.

Product Platform Market Dashboard