BRIEF 01 · PLACEHOLDER
Volume is not liquidity
Turnover and executable depth answer different questions. Keep them separate.
DESKS / MARKETS / FLOWS

Watches liquidity, positioning, and flows. Dry notes. No price targets. No buy or sell calls.
BRIEF 01 · PLACEHOLDER
Turnover and executable depth answer different questions. Keep them separate.
BRIEF 02 · PLACEHOLDER
An isolated inflow says little. Duration, concentration, and the denominator matter.
BRIEF 03 · PLACEHOLDER
The same news can meet very different positioning. Observe the response, not just the headline.