December 1, 2022
For our fourth episode, Sohan speaks with Charles Tan, a Portfolio Manager at Pilgrim Partners. Charles primarily trades market-neutral strategies such as basis.
In this episode we cover:
- Charles's origin story and how he made the switch to crypto from TradFi
- How basis provides a steady source of alpha without large drawdowns when crypto tanks
- The evolution of execution strategies for basis from 'two fingers two laptops' to streaming futures spreads orderbooks
- Why despite the emergence of DeFi, centralized exchanges will continue to be the main avenue for basis traders