# ZTrader Codex > Macro · options · quant research wiki by ZTrader. ## Counts - Encyclopedia: 2268 - Wiki: 8500 - Lexicon: 8503 - Cards: 7 ## Categories - AI Systems: 500 - Banking: 500 - Commodities: 500 - Credit: 500 - Crypto: 500 - Derivatives: 500 - Economy: 500 - Emerging Markets: 500 - Equity: 500 - Fixed Income: 500 - FX: 500 - Liquidity: 500 - Macro Policy: 500 - Microstructure: 500 - Quant: 500 - Rates: 500 - Systems: 500 ## Routes - https://ztrader.ai/codex/ - https://ztrader.ai/codex/encyclopedia - https://ztrader.ai/codex/wiki - https://ztrader.ai/codex/cards - https://ztrader.ai/codex/papers - https://ztrader.ai/codex/signals - https://ztrader.ai/codex/search - https://ztrader.ai/codex/graph - https://ztrader.ai/codex/topics - https://ztrader.ai/codex/transfer - https://ztrader.ai/codex/llms.txt - https://ztrader.ai/codex/llms-full.txt - https://ztrader.ai/codex/sitemap.xml - https://ztrader.ai/codex/api/manifest - https://ztrader.ai/codex/api/search?q= ## Encyclopedia sample - [Abnormal Return](https://ztrader.ai/codex/encyclopedia/abnormal-return): Abnormal Return — Return versus expected/factor model return. - [Active Share Measure](https://ztrader.ai/codex/encyclopedia/active-share-measure): Active Share Measure — Deviation from benchmark holdings as active risk proxy. - [Alpha Decay 1-day](https://ztrader.ai/codex/encyclopedia/alpha-decay-1-day): Alpha Decay 1-day — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay 1-month](https://ztrader.ai/codex/encyclopedia/alpha-decay-1-month): Alpha Decay 1-month — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay 1-week](https://ztrader.ai/codex/encyclopedia/alpha-decay-1-week): Alpha Decay 1-week — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay 12-month](https://ztrader.ai/codex/encyclopedia/alpha-decay-12-month): Alpha Decay 12-month — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay 3-month](https://ztrader.ai/codex/encyclopedia/alpha-decay-3-month): Alpha Decay 3-month — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay 6-month](https://ztrader.ai/codex/encyclopedia/alpha-decay-6-month): Alpha Decay 6-month — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay carry](https://ztrader.ai/codex/encyclopedia/alpha-decay-carry): Alpha Decay carry — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay core](https://ztrader.ai/codex/encyclopedia/alpha-decay-core): Alpha Decay core — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay disinflation](https://ztrader.ai/codex/encyclopedia/alpha-decay-disinflation): Alpha Decay disinflation — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay DM](https://ztrader.ai/codex/encyclopedia/alpha-decay-dm): Alpha Decay DM — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay easing](https://ztrader.ai/codex/encyclopedia/alpha-decay-easing): Alpha Decay easing — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay EM](https://ztrader.ai/codex/encyclopedia/alpha-decay-em): Alpha Decay EM — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay intraday](https://ztrader.ai/codex/encyclopedia/alpha-decay-intraday): Alpha Decay intraday — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay liquidity-crisis](https://ztrader.ai/codex/encyclopedia/alpha-decay-liquidity-crisis): Alpha Decay liquidity-crisis — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay long-short](https://ztrader.ai/codex/encyclopedia/alpha-decay-long-short): Alpha Decay long-short — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay overlay](https://ztrader.ai/codex/encyclopedia/alpha-decay-overlay): Alpha Decay overlay — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay recession](https://ztrader.ai/codex/encyclopedia/alpha-decay-recession): Alpha Decay recession — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay reflation](https://ztrader.ai/codex/encyclopedia/alpha-decay-reflation): Alpha Decay reflation — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay risk-off](https://ztrader.ai/codex/encyclopedia/alpha-decay-risk-off): Alpha Decay risk-off — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay risk-on](https://ztrader.ai/codex/encyclopedia/alpha-decay-risk-on): Alpha Decay risk-on — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay satellite](https://ztrader.ai/codex/encyclopedia/alpha-decay-satellite): Alpha Decay satellite — Quantitative signal, risk, or portfolio-construction building block. - [Alpha Decay stagflation](https://ztrader.ai/codex/encyclopedia/alpha-decay-stagflation): Alpha Decay stagflation — Quantitative signal, risk, or portfolio-construction building block. ## Wiki sample - [China Credit Impulse](https://ztrader.ai/codex/wiki/china-credit-impulse): China credit impulse measures the change in new credit growth relative to GDP and is widely used as a leading indicator for Chinese demand and global cyclical momentum. - [EMBI Sovereign Spread](https://ztrader.ai/codex/wiki/embi-sovereign-spread): EMBI sovereign spread measures the yield premium on emerging-market sovereign debt over U.S. Treasuries and serves as a key gauge of EM credit risk and external financing stress. - [Dollar Index vs EM FX Basket](https://ztrader.ai/codex/wiki/dxy-vs-em-fx-baske): Comparing DXY with an EM FX basket helps assess whether dollar strength is becoming a broader external-financing stress event for emerging markets. - [Money Market Fund Assets](https://ztrader.ai/codex/wiki/money-market-fund-assets): Money market fund assets track the amount of cash parked in short-term low-risk vehicles, providing insight into liquidity preference, deposit substitution, and defensive positioning. - [Bank Term Funding Program Usage](https://ztrader.ai/codex/wiki/btfp-usage): BTFP usage tracks how much funding banks obtain through the Bank Term Funding Program, offering insight into balance-sheet stress and demand for official liquidity backstops. - [Discount Window Borrowing](https://ztrader.ai/codex/wiki/discount-window-borrowing): Discount Window borrowing measures bank use of Federal Reserve emergency liquidity and serves as a signal of funding pressure and banking-sector strain. - [Deposit Outflow Rate](https://ztrader.ai/codex/wiki/deposit-outflow-rate): Deposit outflow rate measures the pace at which deposits leave the banking system or individual banks, helping assess funding stability and confidence. - [Regional Bank ETF](https://ztrader.ai/codex/wiki/regional-bank-etf): Regional Bank ETF performance helps track stress in smaller and mid-sized banks, especially around deposit stability, asset quality, and local credit conditions. - [KBW Bank Index](https://ztrader.ai/codex/wiki/kbw-bank-index): KBW Bank Index tracks the equity performance of major U.S. banks and provides insight into banking-sector health, credit transmission, and market confidence. - [Bank CDS Index](https://ztrader.ai/codex/wiki/bank-cds-index): Bank CDS Index tracks the cost of insuring major bank credit risk and serves as a real-time indicator of banking-system stress and confidence. - [BTP-Bund Spread](https://ztrader.ai/codex/wiki/btp-bund-spread): BTP-Bund spread measures the yield difference between Italian and German government bonds and is a key indicator of euro-area sovereign stress and fragmentation risk. - [ECB Balance Sheet](https://ztrader.ai/codex/wiki/ecb-balance-sheet): The ECB balance sheet reflects the scale of European Central Bank asset holdings and helps track euro-area liquidity, policy transmission, and duration absorption. - [Commercial Paper Spread](https://ztrader.ai/codex/wiki/commercial-paper-spread): Commercial paper spreads track the cost of short-term corporate borrowing relative to safer benchmarks and help identify stress in corporate funding markets. - [Loan Officer Survey](https://ztrader.ai/codex/wiki/loan-officer-survey): The Loan Officer Survey tracks bank lending standards and loan demand, providing insight into whether credit supply is tightening or easing in the real economy. - [Investment Grade OAS](https://ztrader.ai/codex/wiki/investment-grade-oas): Investment Grade OAS measures the spread of high-quality corporate bonds over Treasuries after adjusting for embedded options, helping track broad corporate credit conditions. - [High Yield OAS](https://ztrader.ai/codex/wiki/high-yield-oas): High Yield OAS measures the spread of high-yield corporate bonds over risk-free Treasuries after adjusting for embedded options, serving as a key gauge of speculative credit stress. - [VIX Term Structure](https://ztrader.ai/codex/wiki/vix-term-structure): VIX term structure tracks the shape of volatility futures across maturities and helps identify whether the market is pricing stable conditions or near-term stress. - [Skew](https://ztrader.ai/codex/wiki/skew): Skew measures the relative richness of downside versus upside implied volatility, helping track hedging demand and asymmetry in market risk pricing. - [Dealer Gamma Positioning](https://ztrader.ai/codex/wiki/dealer-gamma-positioning): Dealer gamma positioning describes whether option dealers are structurally long or short gamma, shaping how hedging flows amplify or dampen market moves. - [Indirect Bidder Allotment](https://ztrader.ai/codex/wiki/indirect-bidder-allotment): Indirect bidder allotment tracks the share of Treasury auctions awarded to indirect bidders, often used as a proxy for foreign and institutional demand. - [Treasury Auction Tail](https://ztrader.ai/codex/wiki/treasury-auction-tail): Treasury auction tail measures how much the auction clears above or below the expected market yield, providing a sensitive signal of auction quality and investor demand. - [Treasury Auction Bid-to-Cover Ratio](https://ztrader.ai/codex/wiki/auction-bid-to-cover): Treasury auction bid-to-cover ratio measures the amount of demand relative to supply at an auction and is used to assess investor appetite for government debt. - [Primary Dealer Holdings](https://ztrader.ai/codex/wiki/primary-dealer-holdings): Primary dealer holdings track how much inventory dealers are carrying, offering insight into balance-sheet absorption, market-making capacity, and Treasury market strain. - [QT Pace](https://ztrader.ai/codex/wiki/qt-pace): QT pace refers to the speed at which the Federal Reserve allows assets to roll off its balance sheet, affecting reserves, duration supply, and market liquidity. ## Notes Public encyclopedia/wiki/cards/papers are indexable. Do not index /admin or drafts. For the full entity list, fetch /llms-full.txt. English is the canonical language; ZH/JA are client-side reading aids only.