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Bloomberg Surveillance

Single Best Idea with Tom Keene: Simon White & Ben McMillan

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 13 May 2026

⏱️ 7 minutes

🧾️ Download transcript

Summary

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. 

In this episode, we feature conversations with Simon White & Ben McMillan.

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

When the rest of the markets slow down, the futures market keeps moving.

0:04.9

Did you know that CME Group S&P 500 and NASDAQ 100 futures trade nearly 24 hours with great liquidity?

0:12.0

In the ETF markets, volume and liquidity lessens after 4pm until the next morning.

0:17.1

But with futures, you get trading opportunities both day and night.

0:21.1

Learn more at CMEgroup.com slash equity futures.

0:26.8

Some follow the noise.

0:29.3

Bloomberg follows the money.

0:31.5

Because behind every headline is a bottom line.

0:35.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:40.0

there's a money side to every story. And when you see the money side, you understand what others miss.

0:46.9

Get the money side of the story. Subscribe now at Bloomberg.com.

0:58.1

Bloomberg Audio Studios Podcasts, Radio News.

1:03.0

Single best idea.

1:09.2

And the single best idea is for decades. We've tried to lift the conversation. You can only do that with smart people. And we try to do that each and every day in economics, finance, investment, and in international relations. I'll be honest, sometimes I fail folks. We have, you know, somebody that just

1:28.9

doesn't get it done. And then you have magical days like today where we look at esoteric stuff

1:36.4

in Wall Street, global Wall Street, and we try to say it in English and not in Greek, like the Greek

1:44.1

letters of derivative and option

1:45.7

finance. Simon White of Imperial College in Cambridge is holding court at Queen Victoria

1:52.8

Street in London, and he stopped Global Wall Street yesterday with his article on gamma and on the

1:59.7

dynamics of this moment in the market.

2:02.2

Here from London, Simon White.

2:04.5

It ultimately comes down to, you know, I guess highly efficient markets,

...

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