About Global Macro Drivers

Institutional intelligence.
One daily read.

Written by a trader. Not a journalist. Not an algorithm. 25 years of market experience — distilled into one daily read.

25+
Years of institutional trading experience
4
Global financial centres — London, Amsterdam, Singapore, Melbourne
MD
Retired as Managing Director, JPMorgan, 2016
"
Most financial media tells you what happened. Very little of it tells you what it means — and almost none of it is written by someone who has actually managed real risk, in real size, in the markets they are writing about.

Every GMD brief is intentionally filtered, prioritised and structured around the macro drivers that genuinely move markets. Written the way a trader briefs a desk before the open. Not the way a journalist writes a headline.

1992
Currency Options Trader
Bankers Trust · London
Built a technical foundation in derivatives, volatility and options market-making — beginning a 25-year institutional career across three continents.
Amsterdam
USD/JPY Options Portfolio
ABN-Amro · Amsterdam HQ
Running the USD/JPY options book from ABN-Amro's Amsterdam headquarters.
Singapore
Asian Currency Options Markets
Singapore
Responsible for Asian currency options markets across the region.
Melbourne
Global Head of Currency Options Trading
ANZ Bank · Melbourne
Leading global currency options trading across the bank's international operations.
London
Global Gold Options & Precious Metals MD
JPMorgan · London & Asia
Responsibility for the global gold options book and precious metals and base metals trading across London and Asia — serving the world's leading macro hedge funds and institutional investors.
2016
Retired as Managing Director
JPMorgan
After 25 years, that experience has since been applied to managing a personal portfolio spanning equity funds, fixed income and alternative assets — with a focus on balance sheet architecture and the disciplined use of leverage to enhance long-term performance.
Today
Global Macro Drivers
globalmacrodrivers.com
Not a journalist. Not an economist. Not an algorithm. Institutional intelligence — distilled into one daily read.
Bankers Trust
ABN-Amro
ANZ Bank
JPMorgan

On anonymity

GMD Trader's identity remains private by design. In institutional markets, the people running the largest positions are rarely the ones talking about them publicly. That discipline does not change in retirement.

This publication stands or falls on the quality of its analysis and the accuracy of its market reading. Not on a name. The track record will speak for itself — it always does.

GMD Trader is the sole author of all content published on Global Macro Drivers.

Read the brief. Think like a trader.

Join subscribers who start each morning with institutional-grade macro intelligence — structured, filtered, and written by someone who has managed real risk with real money.

Disclaimer: All content published on Global Macro Drivers is for informational and educational purposes only. Nothing on this website constitutes financial advice, investment advice, trading advice, or any other form of regulated financial guidance. Global Macro Drivers does not recommend the purchase or sale of any financial instrument, security, or asset. Past market commentary does not guarantee future results. Markets are volatile and all trading and investment activity carries risk, including the risk of total loss of capital. You should always conduct your own research and consult a qualified independent financial adviser before making any investment or trading decisions. Global Macro Drivers accepts no liability for any losses or damages arising from reliance on the content published on this site.