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Three Services · Executed Well

Research. Brokerage. Advisory.

Three simple things, done with care. Each in service of the others: research is the foundation, brokerage is the discipline of execution, advisory is the discipline of restraint.

Contents
i · Research01 ii · Brokerage02 iii · Advisory03

Our research is the public face of the firm — published for educational use, for the analyst at his desk, the corporate treasurer at hers, the family principal reading at the airport. Not investment advice; a way of thinking we're willing to be held to, in writing, after the fact.

DAILY · SESSION NOTES

Daily market analysis

Two short session notes a day — metals and energy — at the European close and NY open. Free.

Read today's →
FORTNIGHTLY · INSIGHT LETTER

The Axium Fortnightly

One long editorial note every other Tuesday — a deep read of a single market.

Open the archive →
TECHNICAL

Chart commentary

Multi‑timeframe technical reads on the instruments we cover, annotated by a senior chartist.

View terminal →
BESPOKE

Client memoranda

Written to order, for a single client. Held in confidence and never distributed further.

Commission →

Most Pakistan‑based investors trading XAU, WTI, Brent or HG do so through an international counterparty they neither selected nor negotiated with. We change both of those things — evaluating brokers, onboarding clients, and overseeing execution against terms we've written ourselves.

I · BROKER EVALUATION

A short-list, made carefully

Regulator‑checked, spread‑benchmarked, conflict‑disclosed. Updated quarterly.

II · ON‑BOARDING

Account set‑up & KYC

We walk you through KYC, docs and configuration. You sign with the broker directly.

III · EXECUTION OVERSIGHT

Routing & slippage

Every block ticket is read before it leaves. Quarterly slippage report for every client.

IV · INSTRUMENTS

What we cover

Precious metals, energy (WTI, Brent), base metals, agriculture, major FX — via COMEX, NYMEX, ICE, CBOT.

— A NOTE ON CUSTODY

Axium never takes custody of client cash or positions. Your account sits with your broker, in your name. We see what you see — nothing else.

Advisory at Axium is a written, retainer‑based engagement. We don't move your money; we read your book, tell you what we think, and put our reasons on paper — so you can argue with them quietly, on your own time.

— POSITION REVIEW

A second pair of eyes

Monthly written review of open positions. We argue with the thesis; we don't move size.

— RISK ANALYSIS

Concentration & correlation

Map concentrations, factor bets, correlations. Written report, every quarter.

— TREASURY HEDGING

For corporates

Treasury teams running commodity exposures: hedge ratio, instrument selection, review.

— PORTFOLIO LETTER

The quarterly

Honest reckoning of every recommendation — including the ones that didn't work.

— ON FEES

A flat retainer, agreed in writing at the start. No performance fee. Performance fees encourage the kind of risk‑taking we don't believe in.

Begin a conversation

Come sit with us. Coffee's on us.

Your first consultation is free — no pressure, no rush. Just an honest conversation about your money and how we might help.