Using Political Prediction Markets For Fun And Profit

Elections are interesting to us as macro traders. High-profile political election results can move the markets in a big way, Just look at how crazy the E-mini S&P’s traded during the US’s 2016 presidential election… Q4 hedge fund letters, conference, scoops etc They had a 5.5% crash and rally when the cash markets were closed! The magnitude of a macro market move after a political event depends on how much the results surprise traders. It works just like a stock’s earnings announcement. If results come in way above expectations the stock will rip hard. If results come in way below…