A systematic trading firm
We trade our own capital across liquid global markets. Research, execution and risk sit in one room, which is how a signal becomes a position in the same afternoon it is found.
01 — Approach
Every strategy starts as a question about market structure: who is forced to trade, when, and at what cost. We build the data set before we build the model, and we size positions against the loss we are willing to take rather than the return we hope for.
Nothing goes live without an exit condition. Strategies are retired as deliberately as they are launched.
02 — Strategies
Cross-asset dislocations held to convergence, hedged to be indifferent about direction.
Options books that carry positive convexity into the events the market prices carelessly.
Rules-based exposure to rates, currencies and commodities, rebalanced without discretion.
03 — Contact
For trading, technology and research enquiries. We read everything and reply to what fits.