Reletter
Artwork for Navnoor Bawa

Navnoor Bawa

Quantitative Researcher

Platform
Substack
PricingOnly free issuesPublishesDaily
Issues213Foundeda year agoLast Issue11 days ago
Active

Read this Newsletter

navnoorbawa.substack.com
Artwork for Navnoor Bawa

Latest Issues

The Cramér-Rao Bound Killed LTCM. It’s Why the SEC Just Fined Two Sigma $90M.

Fisher Information sets a mathematical floor on the variance of every parameter a quant fund estimates. The Cramér-Rao bound makes that floor a tradable boundary: cross it, and your reported Sharpe ratio is statistical noise, your calibrate...

11 days ago
2

Market Making Alpha: How Virtu Won 1,237 Days — and Why Jane Street Keeps Ending Up in Court

Court filings, SEC administrative orders, peer-reviewed papers, and on-record executive interviews reveal something most finance professionals never piece together: the bid-ask spread is not a fee. It is the residual of an information war,...

19 days ago
4
1

Axie Infinity, CS2 Skins, and Roblox: How Hedge Funds Built Gaming Currency Alpha — and the Three Mispriced Opportunities They Are Still Missing

🎬 Prefer to watch rather than read? A NotebookLM-generated video overview of this article is available here: Watch the video overview → Full analysis, citations, and data remain in the article below.


The Entry Price Nobody Discu...

a month ago
7

How Hedge Funds Made Billions From SoftBank: Five Structural Trades From the NAV Discount to the Nasdaq Whale

SoftBank Is Not One Trade. It Is Five Recurring Structural Edges.

Most financial writing about SoftBank asks the same question: was Masayoshi Son a genius or a reckless gambler? That framing misses the more interesting analysis entirel...

a month ago
6

Non-Deliverable Forwards (NDFs) and Emerging Market Currency Alpha: How Hedge Funds Profit, How Banks Manipulated the Fix, and Why Three Sovereign Markets Banned the Trade


By: Navnoor Bawa | April 5, 2026 | Global Macro · Currency Markets · Derivatives LinkedIn · YouTube · Patreon

Covering directional currency attacks, carry trades, basis arbitrage, fixing window exploitation, calendar spreads, and ND...

2 months ago
4

Key Facts

Contact Information
Newsletter Author
Number of Subscribers
Find out how many people subscribe to this newsletter.

Audience Metrics

Subscribers, engagement, traffic and sponsorship for Navnoor Bawa.

SubscribersEngagement76Monthly Web Visits
Accepts SponsorsEstimated Cost per Ad

SEO Reach

Where Navnoor Bawa ranks on Google, and how much search traffic it brings in.

Ranked Keywords1.3kMonthly Search TrafficTop Keywords

Authors

The writers behind this newsletter.

  • Navnoor Bawa

    Quantitative Researcher

  • Frequently Asked Questions

    How can I access the email archive for Navnoor Bawa?

    You can find recent issues that have been published by Navnoor Bawa on Reletter by scrolling up to where it says Latest Issues. Tap on the link for any of the most recent emails or hit More Issues to see older ones.

    How many subscribers does Navnoor Bawa have?

    To see how many people subscribe to Navnoor Bawa, simply upgrade your Reletter account. We provide readership numbers and lots of other stats for this newsletter so you can decide if it's worth reaching out to.

    How can I advertise in Navnoor Bawa?

    Newsletter advertising can be extremely effective when it's done right. Before you pitch Navnoor Bawa as a potential sponsor or partner, make sure that you've done your research and checked its newsletter stats with Reletter.

    Then, personalize one of our winning pitching templates and send it to the right person using the contact info provided.

    How much does it cost to sponsor a publication like Navnoor Bawa?

    Newsletter ad rates (or CPM) vary depending on many factors, including industry, number of subscribers, open rate, ad placement and more.

    To find out how much an ad will cost, contact Navnoor Bawa using the contact information provided and ask for a copy of their media kit.

    How can I find newsletters related to Navnoor Bawa?

    Scroll up to where it says Related Newsletters to see other publications like Navnoor Bawa. You can also search our email newsletter directory to discover other newsletters that cover the topics you're interested in.

    How do I contact Navnoor Bawa?

    Reletter provides this newsletter's website URL above, where you will often find their contact information. We also provide links to associated social media accounts and pitching templates so you can reach out fast.