Our Philosophy

INDEPENDENT AUTOMATA

Markets are not perfectly efficient. We look for lots of temporary inefficiencies and repeatable asymmetric probabilities in price action patterns through systematic allocation to hundreds of unique trading automata designed under independent criteria.

DAILY LIQUIDITY, REAL TIME MTM

In times of panic, liquidity dries up and certain assets are hard to value. We concentrate operations on the most liquid, highest volume markets. We offer penalty free daily liquidity, and transparent real-time mark to market information.

SCOPE AND SCALE

There is always a panic or a bubble in the making somewhere in the world. We broaden our scope and scale of operations through the use of technology by simultaneously tracking trends and opportunities in as many different markets as possible in an automated systematic fashion.

DIVERSIFICATION IN ASSETS AND TIME

Models only approximate reality in a rough, probabilistic sense. We reduce risk by allocating capital to uncorrelated trading systems across different markets around the world, and combine strategies designed to work over different time-frames, from seconds to days.

FULLY AUTOMATED EXECUTION

Cognitive and behavioral biases and emotional responses are pervasive and extremely difficult to avoid for most investors. We adhere to an objective programmatic execution approach and rely on machines to avoid emotions like greed, anxiety, fear, and panic in trading.

MARKET NEUTRAL, LONG/SHORT

Markets are dynamic and occasionally unstable. We favor strategies that are designed to benefit from both up and down moves and we are generally agnostic with regards to market direction and value. We avoid long or short-only and can re-optimize often to address market changes.

DATA-DRIVEN RESEARCH

Our methodology places empirical observation and experience ahead of theories. We derive system prediction, selection, and combination strategies based on data-driven models and analysis, validating hypotheses through rigorous simulation and forward testing.

ADAPTIVE, DYNAMIC

Market actors evolve and edges and opportunities come and go. We profile and classify market conditions through quantitative indicators and dynamically adjust risk allocation, automata selection, and portfolio construction strategy in alignment with market scenarios.

LONG VOLATILITY BIAS

Market movements do not follow normal distributions. We look for asset classes and try to construct investment strategies that inherently benefit from periods of increased volatility and fat tail asymmetric moves caused by unpredictable or unforeseen events.

LAYERED RISK CONTROLS

Risk modeling and risk control are separate and independent processes. We maintain independent layers of risk controls at the automata level, at the strategy level, at the portfolio modeling level and during execution.

CAPACITY

Inflows of capital can have a significant impact on the performance of certain strategies. In order to protect the interests of investors, we monitor slippage and other degradation signals around our strategies and specifically avoid trading complex and illiquid securities, over-the-counter securities, or highly concentrated investment portfolios may give rise to capacity limits.

ALIGNED INCENTIVES, FLEXIBLE IMPLEMENTATION

Partners invested. We participate in the risk, stay clear of lock-up, gate, or side-pocket provisions that prevent redemptions, and can accommodate investments through managed account, securitized vehicles, or fund structures with world class broker partners.

Chicago, IL:

401 N. Wabash Av.
Unit 77E
60611 Chicago, IL

Seaford, DE:

23000 Sussex Hwy.
Suite #203
Seaford, DE 19973

Madrid, Spain:

Castellana 93
10th Floor
Madrid, Spain 28016

Dubai, UAE:

Aurora Tower, Unit 2003
PO Box 8293, Marina Promenade
Dubai, UAE