Onyx’s in-house CTA positioning model determines the net positioning of CTAs in a range of futures benchmarks. CTA positions were relatively flat in the week ending 7 July. Overall positioning is fairly neutral, at +12k lots on 7 July, which remains higher than the early June level of around -70k lots. Out of the futures benchmarks, net positioning is the lowest in Brent (-7k lots), and the highest in Gasoil (+13k lots). Heating Oil is the only other benchmark with a positive net position, at +10k lots.
Click below to explore our weekly CFTC COT reports, including a new report detailing historical Onyx COT data for key swap contracts.
