The Library

Intelligence covers the macro and instrument level developments that matter to systematic CFD and options traders. Short term catalysts and longer term structural trends, filtered for relevance and presented without noise.

For a directional trader the question is where price moves and why. For an options trader a second question runs in parallel: what the same event does to volatility. A scheduled release reshapes the volatility surface before it even prints - implied volatility builds into the event, the term structure steepens at the front, and skew shifts as the market reprices the tails. When the number lands, the volatility crush that follows can matter more than the direction of the move. Intelligence reads both: the price catalyst and its effect on the vol surface.

This is why the economic calendar anchors the stream. High impact scheduled events - the 'red book' releases: central bank decisions, inflation, employment, growth - are known in advance, which is what lets you study their effect on volatility rather than only react to it. Unscheduled shocks get the same treatment after the fact: what moved, through what mechanism, and what it did to pricing across the curve.

Perspective is where analysis meets viewpoint. These are not news summaries - they are considered, well-argued positions on markets, methodology, and the craft of systematic trading.

Perspective is open to Members who have something genuinely worth saying. Articles are submitted to Hawk for editorial review before publication. We do not publish for the sake of volume. If it is here, it passed the standard.

Have a perspective worth sharing? Submit your article for review via The Campus.

Research is Hawk's academic publication layer. These are not summaries or think-pieces. They are rigorous, fully scoped papers covering systematic trading methodology, quantitative analysis, risk management frameworks, and market microstructure.

All research is authored by Elliot Beaumont, Managing Director - ICAEW Chartered Accountant and practitioner with nearly two decades of institutional financial leadership. These papers are written for an audience that reads the methodology section first.