SHARE IN OUR PERFORMANCE

Size: px
Start display at page:

Download "SHARE IN OUR PERFORMANCE"

Transcription

1 intalus.com SHARE IN OUR PERFORMANCE GRE T PERFORMANCE. MADE IN GERMANY. SINCE 1990.

2 STRATEGY INDEX. CHAMELEON FX One 4 A breakout intraday strategy, covering 9 currency pairs CHAMELEON FX Global 6 An extremely diversified end-of-day strategy, covering 100 currency pairs CHAMELEON FX Control 8 A trend-following intraday strategy, covering 10 currency pairs CHAMELEON FX Fast 10 An intraday breakout strategy with overnight positions, covering 25 currency pairs CHAMELEON Equity Index One 14 An end-of-day low frequency retracement strategy, covering 7 equity index futures CHAMELEON Commodities Control 16 An end-of-day strategy including a built-in money-management function, covering 7 energy and precious metals futures CHAMELEON Energy Fast 18 An end-of-day low frequency retracement strategy, covering 4 oil and gas futures CHAMELEON Bonds Control 20 An end-of day strategy for trading a globally diversified set of 18 major treasury and interest rate futures contracts TELESCOPE. Gran Telescopio Canarias. Canary Islands / Spain. The earth s largest optical reflecting telescope with a diameter of 10.4 m (410 in).

3 CHAMELEON QUANTITATIVE STRATEGIES. PERFORMANCE FOR SALE. More than 6 of todays activity in US equity markets is generated by trading algorithms. Increasing reliance on algorithms can also be observed in all other global financial markets. The reason is simple rule-based trading is fast, measurable, reliable, inexpensive, and it eliminates human factors such as fear and greed which can lead to expensive mistakes. You don t need your own quant division to participate in Algorithmic Trading. With Chameleon, Intalus offers exclusive quantitative strategies which cover a broad range of markets. These algorithms are already proven and available to you now. You can test them before deciding how to integrate one or more strategies into your fund or managed account structure, or use them in your proprietary trading. You maintain complete control over all strategies and trading, because all strategies execute on your own hardware. You will only be charged for using a strategy when it returns profit. The range of strategies we offer is extensive. We are happy to discuss or consult with you, to calling on the extensive experience and understanding of our quant team. For more than a decade our team has assisted institutional clients with portfolio construction and alpha generation to meet investment objectives for risk and return. For more information and the current performance of all strategies please visit

4 CHAMELEON FX One CURRENCY TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % 0.54% % 1.33% 1.97% 2.56% 1.58% -0.32% 1.86% 2.03% % 1.33% 3.81% 5.21% % 2.37% 0.22% -0.92% 1.33% -1.39% 2.49% 16.54% % -1.79% % % 1.77% 2.82% 0.46% 2.41% 1.97% 12.87% % 0.89% 3.64% -0.49% % % 0.61% 1.41% -1.89% 10.78% % 2.37% 1.99% 0.16% -0.28% 0.47% 1.66% -0.02% 2.99% 1.49% 2.43% 4.03% 18.64% % 2.08% % 0.31% 0.38% % 1.07% % % % % % 2.14% -1.32% % 7.58% % 2.09% % 6.22% 0.16% 1.33% % 1.17% 1.87% 3.26% % 1.09% 0.68% % 2.49% -5.07% 2.09% % 2.13% % % -1.69% 2.12% -1.56% 3.16% % -0.26% 0.18% 1.69% 1.79% % 1.39% 2.04% -0.62% -0.36% % % 0.67% 1.06% -1.49% 3.12% % -1.33% % % 0.57% % % 0.01% -2.42% TRADING STRATEGY CHAMELEON FOREX ONE is a 10 systematic computer model for institutional FOREX trading. It works without any discretionary inputs and exactly the same rules and parameters are applied to all cross rates and all time frames (no optimization). Its' logic is based on a simple chart pattern recognition approach combined with different volatility filters. Best results are achieved when applied on London liquid trading hours. CHAMELEON FOREX ONE can be provided with risk stops and profit targets for open overnight positions. The trading frequency is around 3 trades per week per chart. Positions are open from a couple of hours to a couple of days, depending on the strength of a trend after the opening of a position. PERFORMANCE* FX One DJCS HFI (MF) ESTX50 REX(P) All installations of CHAMELEON FOREX ONE have different setups to avoid different clients receiving the same signal at the same time STATISTICS* ANNUAL RETURN* FX One DJCS HFI (MF) ESTX50 REX(P) Since inception % Last 12 month -2.42% Year-to-date -2.42% Performance (annualized) 9.59% Best month 6.22% Worst month -5.07% Average month 0.8 Volatility (annualized) 5.87% Sharpe Ratio 1.29 Sortino Ratio Skewness DISTRIBUTION OF RETURNS* Kurtosis # Positive month Ø Gain (positive month) 1.63% Negative month 41 Ø Loss (negative month) -1.24% % number of positive month 71.33% Ø Gain / Ø Loss Maximum Draw Down -8.36% VaR (99%) on monthly basis 3.94% % -8% -7% -6% - -4% -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% Type of strategy Breakout Frequency Intraday BENCHMARKS Year of inception 2010 Portfolio 10 currency pairs DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 72 ESTX50 = EUROSTOXX 50 Index Average holding period 6 hours REX(P) = REX Performance Index Average time in the market 96% * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

5 CURRENCY TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE EXPOSURE SUMMARY USD / CHF USD / JPY AUD / USD EUR / CHF -1 USD / CAD EUR / GBP 12 MONTH VOLATILITY 1 7. GBP / USD GBP / JPY EUR / USD EUR / JPY CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this pages. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. It s that simple. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDAS INTALUS MIDDLE EAST Intalus Asset Management 5 intalus.com

6 CHAMELEON FX Global CURRENCY TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % 3.23% -3.11% 2.61% 3.01% % 3.77% 5.62% % 3.56% 23.72% % 0.58% -1.34% % -0.64% -0.04% -0.96% -0.78% % 0.74% 9.23% % -0.32% 0.53% -0.37% -0.44% 3.17% % -1.24% -1.41% 0.87% -0.43% -0.38% % 0.37% -0.92% 1.47% 1.33% -0.21% -1.23% -0.36% -0.14% 0.84% 0.12% 0.06% 1.92% % % 0.71% 0.81% % % 1.27% 0.91% 12.89% % 3.46% % % -0.23% % 10.02% 5.52% -0.97% 21.08% % 1.38% 1.11% % 2.89% 1.51% 1.94% 1.59% % 32.43% % 1.23% 2.01% 0.04% 5.82% 1.28% 3.68% % 1.77% 0.89% 1.42% 21.56% % 1.16% -2.42% % 2.68% 0.52% 0.44% -0.26% 0.37% 1.44% 1.38% 6.34% % 0.69% 1.01% -1.57% -0.09% % % 0.78% -0.58% 0.07% % 1.46% % % 0.57% % % 8.53% % 0.33% -0.82% -0.21% -0.19% -0.04% -0.78% 0.17% -0.62% % -1.61% TRADING STRATEGY CHAMELEON FX GLOBAL is an algorithmic logic that can be used to trade forex cross rates. The system is applied to charts that are plotted in EOD (end-of-day) format. CHAMELEON FX GLOBAL is a short-term trend following system that has been designed to capture relatively small forex price moves using a very flexible signal-generation logic. Two main modes are used (one for each group of crosses). They differ in that the same turning "flex" points are either used to buy or sell the market. Historically, one mode has been more successful in crosses that enjoy higher volatility while the other has been profitable in crosses where trend changes have a slower pace. PERFORMANCE* FX Global DJCS HFI (MF) ESTX50 REX(P) System's average trading frequency: circa 2 times per month per cross rate. Stop-loss points are fixed throughout the life of the trade. They refer to the point of entry +/- a loss distance value that is equal to 2.5 times the average true range (as calculated at entry time) STATISTICS* ANNUAL RETURN* FX Global DJCS HFI (MF) ESTX50 REX(P) Since inception % Last 12 month -1.61% Year-to-date -1.61% Performance (annualized) 11.32% Best month 10.02% Worst month -3.11% Average month 0.94% Volatility (annualized) 6.2 Sharpe Ratio 1.50 Sortino Ratio Skewness 1.25 DISTRIBUTION OF RETURNS* Kurtosis # Positive month 100 Ø Gain (positive month) 1.69% Negative month 44 Ø Loss (negative month) -0.7 % number of positive month 69.44% Ø Gain / Ø Loss 2.26 Maximum Draw Down -3.2 VaR (99%) on monthly basis 4.16% % -7% -6% - -4% -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% 11% 12% Type of strategy Indicators & Patterns Frequency End-of-day BENCHMARKS Year of inception 2010 Portfolio 100 currency pairs DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 2 per chart ESTX50 = EUROSTOXX 50 Index Average holding period 15 days REX(P) = REX Performance Index Average time in the market 9 * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

7 CURRENCY TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE 5 EXPOSURE SUMMARY 4 TRY MXN MONTH VOLATILITY 15. HUF PLN SGD NOK SEK DKK HKD CZK ZAR USD EUR AUD GBP CHF CAD JPY NZD CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this pages. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDA INTALUS MIDDLE EAST Intalus Asset Management 7 intalus.com

8 CHAMELEON FX Control CURRENCY TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % -0.09% 0.49% % 1.74% 1.97% 1.61% 5.13% % 14.06% % 2.89% % 1.18% % -0.41% % -0.52% 1.92% 12.18% % -2.03% -0.54% -0.26% % % 1.16% 1.21% 0.27% 4.06% 10.54% % 1.86% 2.68% % % -0.58% 0.53% -0.88% 9.81% % % -1.61% -0.91% 4.33% 1.82% 0.92% 2.67% 1.02% 1.64% 5.13% 21.01% % 1.94% 0.36% 2.13% -0.71% % 1.39% 0.74% % 3.06% 9.99% % -1.29% 2.51% 0.88% 3.14% 0.18% -0.68% % -0.78% 1.18% 7.57% % % % 0.04% -0.27% -0.36% -0.19% 0.89% % % 0.17% % % 0.22% -2.13% % 1.27% % -0.29% 1.89% -1.49% -0.14% -0.18% -0.53% -2.47% -1.86% 0.67% % % 1.18% 1.78% 1.72% % -0.02% 0.47% -1.08% -0.02% 1.62% 0.13% 6.18% % -1.07% 0.87% -0.91% -0.24% % 3.07% 1.23% -1.39% % TRADING STRATEGY PERFORMANCE* 2 23 FX Control DJCS HFI (MF) ESTX50 REX(P) CHAMELEON FOREX CONTROL is a 10 systematic computer model for institutional FOREX trading. It works without any discretionary inputs and exactly the same rules and parameters are applied to all cross rates and all time frames (no optimization). The system is defensive by trading only in low volatility phases. The logic is based on common technical indicators combined with several volatility measurements. Best results are achieved when applied on London liquid trading hours. CHAMELEON FOREX CONTROL can be provided with risk stops and profit targets for open overnight positions. The trading frequency is around 2 trades per week per chart. Positions are open from a couple of hours to a couple of days, depending on the strength of a trend after opening a position STATISTICS* Since inception % Last 12 month 0.71% Year-to-date 0.71% Performance (annualized) 8.41% Best month 5.13% Worst month -3.42% Average month 0.7 Volatility (annualized) 5.34% Sharpe Ratio 1.20 Sortino Ratio 2.55 Skewness 0.27 Kurtosis 3.26 # Positive month 91 Ø Gain (positive month) 1.59% Negative month 53 Ø Loss (negative month) -0.82% % number of positive month 63.19% Ø Gain / Ø Loss 1.93 Maximum Draw Down % VaR (99%) on monthly basis 3.58% ANNUAL RETURN* FX Control DJCS HFI (MF) ESTX50 REX(P) DISTRIBUTION OF RETURNS* % -8% -7% -6% - -4% -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% Type of strategy Patern Recognition / MA breakout Frequency Intraday BENCHMARKS Year of inception 2010 Portfolio 10 currency pairs DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 60 ESTX50 = EUROSTOXX 50 Index Average holding period 8 hours REX(P) = REX Performance Index Average time in the market 9 * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

9 CURRENCY TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE EXPOSURE SUMMARY USD / CHF USD / JPY AUD / USD EUR / GBP USD / CAD EUR / JPY 12 MONTH VOLATILITY NZD / USD GBP / USD GBP / JPY EUR / USD CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this pages. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. It s that simple. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDAS INTALUS MIDDLE EAST Intalus Asset Management 9 intalus.com

10 CHAMELEON FX Fast CURRENCY TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % 0.36% % 2.52% 1.94% 1.63% % 1.14% -1.01% 9.74% % 0.86% 2.38% 0.51% 0.19% 0.29% % -0.16% % -0.08% 7.19% % -1.89% -1.23% 0.44% 1.37% 1.21% -0.22% % -0.49% 1.04% 0.13% % 0.59% % 0.19% % 0.94% 0.54% -0.71% % % 0.96% 0.46% % 6.49% % 2.57% 1.99% 24.77% % -0.29% % % -0.52% 14.31% -1.04% % % 2.53% 9.51% 6.88% % % 3.81% -5.22% 1.52% 27.47% % 4.07% 3.51% 3.06% 2.67% 5.93% 3.56% % 2.02% 0.19% % 1.76% 2.02% 0.28% -0.03% 1.68% 3.17% 3.34% 7.73% % 26.67% % % -0.14% % % -1.32% 1.01% 0.93% % 1.11% % -2.87% -0.04% -1.73% 1.54% -2.03% % -0.71% % -1.69% 0.69% -0.97% 0.19% -0.29% -0.28% -0.62% 3.88% 1.37% 2.64% -0.77% 5.87% TRADING STRATEGY CHAMELEON FX FAST is an algorithmic logic that can be used to trade forex cross rates. The system is applied on charts that are plotted in intraday (15 min, 20 min, 25 min) format. CHAMELEON FX FAST is a breakout logic that has been designed to capture short-term swings in market direction regardless of the long-term dominating trend. Two main modes are used with the intention of optimizing the system's output. They differ in the way they calculate the assumed breakout points. PERFORMANCE* FX Fast DJCS HFI (MF) ESTX50 REX(P) System's average trading frequency : circa 12 times per month per cross rate. Stop-loss points are fixed throughout the life of the trade. They refer to the point of entry +/- a loss distance value that is equal to 1% of the traded currency. To accommodate active trading within European banking hours, the portfolio is (a) limited to the most active crosses and (b) constrained to include only those crosses with sides that display low intraday correlation STATISTICS* ANNUAL RETURN* FX Fast DJCS HFI (MF) ESTX50 REX(P) Since inception % Last 12 month 5.87% Year-to-date 5.87% Performance (annualized) 11.72% Best month 14.31% Worst month -5.22% Average month 0.98% Volatility (annualized) 8.66% Sharpe Ratio 1.12 Sortino Ratio Skewness 1.79 DISTRIBUTION OF RETURNS* Kurtosis # Positive month Ø Gain (positive month) 2.04% Negative month 49 Ø Loss (negative month) -1.09% % number of positive month 65.97% Ø Gain / Ø Loss 1.88 Maximum Draw Down -9.07% VaR (99%) on monthly basis 5.82% % -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% 11% 12% 13% 14% 1 Type of strategy Intraday breakout Frequency 15, 20, 25 min. bars BENCHMARKS Year of inception 2006 Portfolio 25 currency pairs DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 12 per chart ESTX50 = EUROSTOXX 50 Index Average holding period 2.5 days REX(P) = REX Performance Index Average time in the market 97% * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

11 CURRENCY TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE EXPOSURE SUMMARY MONTH VOLATILITY CHF 8% CAD 8% AUD 8% NZD 6% NOK 4% GBP SEK 4% DKK 2% JPY 12% USD 2 EUR 18% CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this pages. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. It s that simple. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDA INTALUS MIDDLE EAST Intalus Asset Management 11 intalus.com

12 TELESCOPE. Keck 2. Mauna Kea / Hawaii. The earth s second largest optical reflecting telescope with a diameter of 10 m (394 in).

13 DO ALL YOUR INVESTMENTS PERFORM WELL? Give quantitative strategies a try, and see how they reduce risk and stabilize returns. ORDER YOUR 3-MONTH TRIAL NOW.

14 CHAMELEON Equity Index One FUTURES TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % % -2.24% 0.38% 0.78% % 3.21% 10.69% % 3.07% 2.79% % -0.69% 0.21% 1.56% -3.88% 2.58% 0.79% 0.94% 6.93% % % 1.91% 1.17% 2.13% -0.54% -2.86% 0.91% 7.28% % 7.76% % -1.44% 0.86% 1.14% 6.81% 1.52% 3.29% -3.17% 1.79% 2.62% 1.46% % % 0.43% 1.29% 0.37% -0.67% 7.94% % 5.88% % -0.02% 23.88% % 3.03% % 2.57% 2.18% 2.13% 2.06% 11.36% 13.24% % 41.33% % -3.48% % 1.43% 7.97% -0.39% -1.07% -0.01% 19.17% % 5.18% 2.13% % % -3.86% 0.78% -1.72% 3.21% % % % % 1.93% 2.87% 3.47% -0.98% % 13.42% % -2.16% 10.58% -5.76% 4.81% 8.26% 6.74% -3.01% 7.89% 3.91% 0.81% 0.07% 32.18% % -2.69% -0.44% 5.09% -0.94% % -1.07% -0.03% % 14.54% 37.49% % -1.93% 1.76% -2.79% -8.62% % -2.74% -5.32% -5.08% -1.21% TRADING STRATEGY PERFORMANCE* 35 Equity Index One DJCS HFI (MF) ESTX50 REX(P) CHAMELEON EQUITY INDEX ONE is a 10 quantitative and systematic strategy; used for low frequency trading in liquid index futures based on end-of-day data. It can be characterized as a retracement strategy The strategy depends on market volatility and seeks statistically significant market movements to enter positions, in the direction of the current trend. Depending on several filters the strategy opens between one and three positions simultaneously. There are three different logics that control the closing of these positions. The strategy uses market volatility to determine stop levels and exit points (Profit Targets). Open positions are held from several hours up to several days STATISTICS* ANNUAL RETURN* Equity Index One DJCS HFI (MF) ESTX50 REX(P) Since inception % Last 12 month Year-to-date Performance (annualized) 15.74% Best month 14.54% Worst month % Average month 1.31% Volatility (annualized) 14.56% Sharpe Ratio 0.94 Sortino Ratio Skewness 0.27 DISTRIBUTION OF RETURNS* Kurtosis # Positive month 88 Ø Gain (positive month) 3.69% Negative month 54 Ø Loss (negative month) -2.51% % number of positive month 61.97% Ø Gain / Ø Loss 1.47 Maximum Draw Down VaR (99%) on monthly basis 9.78% % -12% -11% -9% -8% -6% - -3% -2% 2% 3% 6% 8% 9% 11% 12% 14% 1 17% Type of strategy Statistically proven patterns Frequency End-of-day BENCHMARKS Year of inception 2010 Portfolio 7 index futures DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 12 ESTX50 = EUROSTOXX 50 Index Average holding period 1 day REX(P) = REX Performance Index Average time in the market 24% * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

15 FUTURES TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE EXPOSURE SUMMARY S&P 400 Midcap 14% RUSSEL % DAX 1 EuroSTOXX MONTH VOLATILITY NASDAQ100 14% Dow Jones 14% S&P % CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this pages. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. It s that simple. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDAS INTALUS MIDDLE EAST Intalus Asset Management 15 intalus.com

16 CHAMELEON Commodities Control FUTURES TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % 1.56% 0.32% 1.76% 1.36% -1.71% 1.79% -0.47% -0.54% 4.87% 1.17% 3.68% 13.13% % -1.58% % % % 2.29% 1.64% % % % 2.28% 2.03% 3.39% % -0.01% % % 0.26% 4.26% 8.76% 0.28% % -0.57% % % 1.88% -0.21% 0.64% 0.23% 0.17% % -0.21% % % 0.11% 0.48% 0.81% -1.39% 3.18% 1.28% % -0.76% 1.97% 15.06% % -2.83% -0.58% 4.12% -1.59% 1.96% 0.64% 1.12% -0.76% -0.36% 2.38% 5.66% % 0.27% 0.18% % -0.81% 0.02% 1.26% % % 8.97% % % 2.99% 0.57% -1.27% -0.01% 2.66% 2.14% -0.31% % 7.36% % % -1.97% % -0.92% -0.43% % 0.66% -3.46% % -1.78% 3.47% % -1.16% 1.36% -0.77% -0.92% % 1.73% % 1.34% -0.07% -2.71% % % 2.66% 0.09% 0.18% 0.32% 4.5 TRADING STRATEGY CHAMELEON COMMODITIES CONTROL is an algorithmic logic that issues specific BUY/SELL trading signals. Trading this logic is 10 mechanical and purely systematic. NO trading discretion is required on the user's part at ANY time. The system is "in the market" nearly 10 of the time, continuously attempting to capitalize on short-term market swings by placing BUY STOP / SELL STOP orders that try to anticipate the direction of the market's imminent move. PERFORMANCE* Commodities Control DJCS HFI (MF) ESTX50 REX(P) The same set of system rules and parameters is applied to all markets at all times. Trading Orders are issued once a day at the end of the day's trading session looking for potential fills on the following day's session. On average, the system's trading frequency is around 4 trades per market per month. The system features a built-in money-management function that equalizes risk over time in each market and allows the user to set trading risk as a percentage of the allocated capital. Based on the user's criteria and prevailing conditions of market-volatility, the system will use this function to increase or decrease the number of traded contracts per trading signal STATISTICS* ANNUAL RETURN* Commodities Control DJCS HFI (MF) ESTX50 REX(P) Since inception % Last 12 month 4.5 Year-to-date 4.5 Performance (annualized) 10.04% Best month 8.76% Worst month -3. Average month 0.84% Volatility (annualized) 6.57% Sharpe Ratio 1.22 Sortino Ratio Skewness 0.73 DISTRIBUTION OF RETURNS* Kurtosis # Positive month Ø Gain (positive month) 1.84% Negative month 52 Ø Loss (negative month) -0.93% % number of positive month 63.89% Ø Gain / Ø Loss 1.97 Maximum Draw Down -6.58% VaR (99%) on monthly basis 4.41% % -8% -7% -6% - -4% -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% Type of strategy short term swing trading Frequency End-of-day BENCHMARKS Year of inception 2010 Portfolio 7 Energy & Precious Metals Futures DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 4 per chart ESTX50 = EUROSTOXX 50 Index Average holding period 7 days REX(P) = REX Performance Index Average time in the market 97% * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

17 FUTURES TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE 3 EXPOSURE SUMMARY 2 1 NG 14% GC 1-1 RB 14% SI 1 12 MONTH VOLATILITY 12. HO 14% HG 14% 1 7. CL 14% CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this pages. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. It s that simple. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDA INTALUS MIDDLE EAST Intalus Asset Management 17 intalus.com

18 CHAMELEON Energy Fast FUTURES TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % -1.68% 1.48% 0.69% -1.12% -0.28% -0.99% 0.79% 1.63% -4.92% 4.11% % % -1.16% 1.31% 2.21% -2.54% % 6.93% 1.61% % 3.23% 0.99% % 2.27% 3.01% 7.83% -1.21% 6.97% -2.88% 5.13% 25.31% % 3.59% 2.33% 3.63% -3.83% -0.72% 1.77% -3.09% 3.27% -3.42% % % 0.09% 0.79% -1.33% -1.31% % 2.86% 0.57% 1.32% -0.72% -4.44% 5.91% % 2.18% % % 5.83% % 27.38% % -0.18% % % 0.27% 3.51% 0.18% -1.57% 3.36% 14.84% % -1.39% -0.87% -1.73% 8.81% -0.17% -3.21% 6.19% 1.02% % -1.47% 11.41% % 0.63% 2.74% 1.48% 1.76% % -0.62% % % -2.63% -3.14% 6.68% -0.04% 1.83% % -1.18% -2.96% -0.07% % -1.52% 2.98% % -4.41% -3.66% % 0.88% % 1.67% 0.34% 1.11% % 1.83% -1.51% -0.47% % 1.32% 13.8 TRADING STRATEGY PERFORMANCE* 23 Energy Fast DJCS HFI (MF) ESTX50 REX(P) CHAMELEON ENERGY FAST relies on a multi-asset, multistrategy approach for its trading logic. Combining two logics within one portfolio enables the system to maintain diversification in two directions. Diversifying assets as well as strategies in this way leads to stable returns and reduces overall risk. It is a low frequency trading approach but the system targets mainly on short term trades The system combines a break-out-logic with a retracement approach. Positions are either opened when Break-Outs in a certain market condition or statistical significant market moves during price setbacks occur. The trading logics monitor these open positons according to market volatility to determine stop levels and exit points. Open positions are held from one day up to one week on average and are either closed Market on Close or by reaching the trailing stop levels STATISTICS* ANNUAL RETURN* Energy Fast DJCS HFI (MF) ESTX50 REX(P) Since inception Last 12 month 13.8 Year-to-date 13.8 Performance (annualized) 9.51% Best month 9.7 Worst month -4.92% Average month 0.79% Volatility (annualized) 10.06% Sharpe Ratio 0.75 Sortino Ratio Skewness 0.50 DISTRIBUTION OF RETURNS* Kurtosis # Positive month 81 Ø Gain (positive month) 2.77% Negative month 63 Ø Loss (negative month) -1.7 % number of positive month 56.2 Ø Gain / Ø Loss 1.58 Maximum Draw Down % VaR (99%) on monthly basis 6.76% % -8% -7% -6% - -4% -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% Type of strategy Statistical prooven pattern Frequency End-of-day BENCHMARKS Year of inception 2010 Portfolio 4 energy futures DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 8 ESTX50 = EUROSTOXX 50 Index Average holding period 1 day REX(P) = REX Performance Index Average time in the market 2 * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

19 FUTURES TRADING STRATEGY PERFORMANCE AND VOLATILITY 12 MONTH PERFORMANCE EXPOSURE SUMMARY RBOB Gasoline 2 Crude Oil 2 12 MONTH VOLATILITY Natural Gas 2 Heating Oil 2 CORRELATION 12 MONTH CORRELATION DJCS HFI (MM) ESTX50 REX(P) CORRELATION 12 MONTH SINCE INCEPTION DJCS HFI(MF) ESTX REX(P) PROPOSAL You could smooth the equity curve of your entire portfolio (reduce volatility), if you combine those Chameleon strategies which have non-correlated weekly returns. DISCLAIMER No representation or warranty as to the accuracy of the information contained in this performance update is made or is to be implied. This update is for information purposes only, and does not constitute an offering. These materials are not, and under no circumstances are they to be construed as, a prospectus, advertisement or public offering.there is no guarantee that any account will or is likely to achieve profits or losses similar to those shown at this webpage. There are frequently differences between hypothetical results and the results achieved by real trading. The shown trading results or performances in the past are no guarantee for profits in the future. The risk of loss in trading Futures, Forex or CFDs can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. CONTACT All trading strategies are offered to you for three months without any obligations and at no cost. The only premise: You have to be an institutional investor. Select those trading strategies that suit your needs. Test them for the three month trial and if you are satisfied with the performance let us know and participate in your success. It s that simple. INTALUS GERMANY INTALUS UK & IRELAND +49 (0) (0) INTALUS BERMUDAS INTALUS MIDDLE EAST Intalus Asset Management 19 intalus.com

20 CHAMELEON Bonds Control FUTURES TRADING STRATEGY YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD % 3.87% -8.17% 0.28% 3.93% -3.12% % 1.36% -4.73% 0.08% 0.93% 0.07% % 2.76% 2.32% -0.37% 2.51% -0.49% -0.72% % 1.33% -0.24% 0.81% 11.33% % 0.12% % 4.22% 0.13% % 3.79% 0.18% -1.96% % 2.56% -1.23% % % -3.42% 0.69% -1.58% -0.59% % -2.42% -1.73% 4.87% 2.68% -3.44% 3.73% % 5.09% -1.24% 5.06% % -0.26% 1.62% 0.01% -1.51% 3.17% 2.32% 1.37% % % -0.84% 0.37% 1.23% -3.01% % % 1.81% % 3.37% 2.23% % % 9.41% % % % 1.13% 2.31% 3.79% % -2.07% 0.47% 13.34% % 0.24% % 5.82% % -3.17% % -9.33% % -1.22% 2.64% % -1.39% 0.76% % 0.02% 4.14% % 1.09% 1.43% 1.02% 5.02% -0.23% 2.01% 5.22% % 2.41% 19.38% TRADING STRATEGY CHAMELEON BONDS CONTROL is an algorithmic logic that issues specific BUY/SELL trading signals. Trading this logic is 10 mechanical and purely systematic. NO trading discretion is required on the user's part at ANY time. The system attempts to capture medium to short-term swings in Global Treasury and Interest Rate markets. Portfolio Composition: a globally diversified set of major Treasury and Interest Rate future contracts. PERFORMANCE* Bonds Control DJCS HFI (MF) ESTX50 REX(P) The trading system is a medium term trend-following logic where the same set of system rules and parameters are applied on all markets at all times. Trading Orders are issued once a day at the end of each day's trading session. These orders are placed looking for potential fills on the following day's session. All orders are LIMIT orders. On average, excluding contract rollovers, the system's trading frequency is around 8 trades per year per contract STATISTICS* ANNUAL RETURN* Bonds Control DJCS HFI (MF) ESTX50 REX(P) Since inception 68.83% Last 12 month 19.38% Year-to-date 19.38% Performance (annualized) 5.74% Best month 5.82% Worst month -8.17% Average month 0.48% Volatility (annualized) 8.27% Sharpe Ratio 0.45 Sortino Ratio Skewness DISTRIBUTION OF RETURNS* Kurtosis # Positive month 84 Ø Gain (positive month) 2.03% Negative month 60 Ø Loss (negative month) -1.7 % number of positive month 58.33% Ø Gain / Ø Loss 1.20 Maximum Draw Down VaR (99%) on monthly basis % -8% -7% -6% - -4% -3% -2% -1% 1% 2% 3% 4% 6% 7% 8% 9% Type of strategy Medium term swing trading Frequency End-of-day BENCHMARKS Year of inception 2010 Portfolio 18 bonds futures DJCS HFI (MF) = Dow Jones Credit Suisse Core Hedge Fund Index (Managed Futures) Number of trades per month 0.7 per chart ESTX50 = EUROSTOXX 50 Index Average holding period 30 days REX(P) = REX Performance Index Average time in the market 7 * The results are solely backtesting results that consider reasonable execution costs (spreads and slippage). To avoid curve-fitting the trading logic has been developed and calibrated on in-sample datasets and verified on out-of-sample data. GRE T PERFORMANCE. MADE IN GERMANY. SINCE BERLIN. BERMUDA. BREMEN. DUBAI. FRANKFURT. HONG KONG. LONDON. FOLLOW US

Monthly Report for Last Atlantis Partners LLC Share Classes November, 2008

Monthly Report for Last Atlantis Partners LLC Share Classes November, 2008 Monthly Report for Last Atlantis Partners LLC Share Classes November, 2008 Performance Summary Below are summary performance numbers for Last Atlantis Partners, LLC share classes. To download detailed

More information

Diversifying with Negatively Correlated Investments. Monterosso Investment Management Company, LLC Q1 2011

Diversifying with Negatively Correlated Investments. Monterosso Investment Management Company, LLC Q1 2011 Diversifying with Negatively Correlated Investments Monterosso Investment Management Company, LLC Q1 2011 Presentation Outline I. Five Things You Should Know About Managed Futures II. Diversification and

More information

2015 FUZZY DAY CONFERENCE Facts that are Not Facts. The US dollar Safe Haven Myth and the United States Hedge Fund.

2015 FUZZY DAY CONFERENCE Facts that are Not Facts. The US dollar Safe Haven Myth and the United States Hedge Fund. 2015 FUZZY DAY CONFERENCE Facts that are Not Facts The US dollar Safe Haven Myth and the United States Hedge Fund Alessio de Longis 1 The Role of Currency in Institutional Portfolios, edited by Momtchil

More information

Instrument Tick Value* Tick Size Currency Trading Days Trading Hours Contract size (1 lot) Notes Financing Charges Spot FX AUD/USD USD 1.0 0.

Instrument Tick Value* Tick Size Currency Trading Days Trading Hours Contract size (1 lot) Notes Financing Charges Spot FX AUD/USD USD 1.0 0. FX Instrument Tick Value* Tick Size Currency Trading Days Trading Hours Contract size (1 lot) Notes Financing Charges Spot FX AUD/USD USD 1.0 0.00001 USD Sun- Fri 17:05-17:00 (EST) 100 000 Min trade size

More information

Synthesis Multi-Strategy Currency Fund* * Subject to approval from the Luxembourg Financial Regulator

Synthesis Multi-Strategy Currency Fund* * Subject to approval from the Luxembourg Financial Regulator Synthesis Multi-Strategy Currency Fund* * Subject to approval from the Luxembourg Financial Regulator INDEX 3 Introduction and Objectives 4 Investment Strategy 5 Diversification and Portfolio Construction

More information

COMMISSIONS, CHARGES & MARGIN SCHEDULE

COMMISSIONS, CHARGES & MARGIN SCHEDULE COMMISSIONS, CHARGES & MARGIN SCHEDULE This schedule outlines the various commissions, charges, margins, interest, any other rates and important information that you should be aware of and/or are referred

More information

OPTIMTRADER COMMISSIONS

OPTIMTRADER COMMISSIONS OPTIMTRADER COMMISSIONS OptimTrader offers three different accounts of commissions. and commissionable accounts shall be determined on the basis of the initial deposit, while the Premium account is determined

More information

SOLIDIFY YOUR ALTERNATIVE INVESTMENT

SOLIDIFY YOUR ALTERNATIVE INVESTMENT SOLIDIFY YOUR ALTERNATIVE INVESTMENT Investment diversification / ease of use / groundbreaking solutions 2/7 DYNATRADE Management Helping investors understand and participate in forex trading and investing.

More information

WEEKLY ASSET ALLOCATION REPORT

WEEKLY ASSET ALLOCATION REPORT WEEKLY ASSET ALLOCATION REPORT January 11, 2016 Stanley Yeung Quantitative Research Analyst Stanley.yeung@TrimTabs.com +1 (415) 324-5873 CONTENTS TACTICAL ASSET ALLOCATION 3 TRIMTABS ASSET ALLOCATION PORTFOLIOS

More information

Black Box Trend Following Lifting the Veil

Black Box Trend Following Lifting the Veil AlphaQuest CTA Research Series #1 The goal of this research series is to demystify specific black box CTA trend following strategies and to analyze their characteristics both as a stand-alone product as

More information

Guggenheim Investments. European High-Yield and Bank Loan Market Overview

Guggenheim Investments. European High-Yield and Bank Loan Market Overview Guggenheim Investments European High-Yield and Bank Loan Market Overview August 2015 European High-Yield & Bank Loan Market Overview Please see disclosures and legal notice at end of document. 2 August

More information

db Currency Harvest Deutsche Bank Global Currency Harvest Index Deutsche Bank Balanced Currency Harvest Index Deutsche Bank G10 Currency Harvest Index

db Currency Harvest Deutsche Bank Global Currency Harvest Index Deutsche Bank Balanced Currency Harvest Index Deutsche Bank G10 Currency Harvest Index GLOBAL MARKETS CURRENCIES & COMMODITIES db Currency Harvest Deutsche Bank Global Currency Harvest Index Deutsche Bank Balanced Currency Harvest Index Deutsche Bank G10 Currency Harvest Index Introducing

More information

Trading Station II / MetaTrader 4 Product Guide 12 November 2012. Page 1 of 14

Trading Station II / MetaTrader 4 Product Guide 12 November 2012. Page 1 of 14 Trading Station II / MetaTrader 4 Product Guide 12 November 2012 Page 1 of 14 Notice This product summary should be read in conjunction with our Terms of Business. Whilst every effort has been made to

More information

96 97 98 99 00 01 02 03 04 05 06 07 08* FDI Portfolio Investment Other investment

96 97 98 99 00 01 02 03 04 05 06 07 08* FDI Portfolio Investment Other investment Chartbook Contact: Sebastian Becker +49 69 91-3664 Global Risk Analysis The unwinding of Yen carry trades Some empirical evidence 3 2 1-1 -2-3 -4 October 31, 28 Many years before the sub-prime crisis hit

More information

Axioma Risk Monitor Global Developed Markets 29 June 2016

Axioma Risk Monitor Global Developed Markets 29 June 2016 Axioma Risk Monitor Global Developed Markets 29 June 2016 1. Global volatility hotspots 2. Global correlation hotspots www.axioma.com Greater than 1% rise over last week Greater than 1% fall over last

More information

Minimum Australia 0.10% AUD $7.00

Minimum Australia 0.10% AUD $7.00 CMC Markets s Schedule for CFD trades executed as a client introduced by Rivkin Securities Pty Ltd to CMC Markets are outlined below. These rates are current at the time of this email however may be subject

More information

HSBC Asian High Yield Bond Fund

HSBC Asian High Yield Bond Fund Important information: HSBC Asian High Yield Bond Fund (the Fund ) invests primarily in a broad range of higher yielding Asian fixed income securities and instruments. Investments of the Fund may include

More information

Trading Station / MetaTrader 4 Product Guide 2 October 2015. Page 1 of 15

Trading Station / MetaTrader 4 Product Guide 2 October 2015. Page 1 of 15 Trading Station / MetaTrader 4 Product Guide 2 October 2015 Page 1 of 15 Notice This product summary should be read in conjunction with our Terms of Business. Whilst every effort has been made to ensure

More information

Dynamic Trading Indicators New Techniques for Evolving Markets. Presented by David Stendahl

Dynamic Trading Indicators New Techniques for Evolving Markets. Presented by David Stendahl Dynamic Trading Indicators New Techniques for Evolving Markets Presented by David Stendahl Disclaimer ALL HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

More information

Swiss Alpha Strategy Certificates

Swiss Alpha Strategy Certificates Swiss Alpha Strategy Certificates Harvesting option premium Nomura NOVEMBER 2006 Nomura and its platform Altrus Nomura The Nomura Group is a global financial services firm dedicated to providing a broad

More information

Corporate and Investment Banking. Standard Bank Africa Commodity Index Exchange Traded Note

Corporate and Investment Banking. Standard Bank Africa Commodity Index Exchange Traded Note Corporate and Investment Banking Standard Bank Africa Commodity Index Exchange Traded Note Introduction to Commodities as an Asset Class 2 The Standard Bank Africa Commodity Index 4 Standard Bank s Blue

More information

Contract Specifications 2015 Dynamic STP Trading Account

Contract Specifications 2015 Dynamic STP Trading Account Forex Currency Pairs (Online Trading Platform Symbol) 2 Minimum Price Fluctuation Tick / Point Value Pip Value Australian Dollar / Canadian Dollar (AUDCAD# / AUDCAD ) AUD 00,000 0.0000 CAD CAD 0 Australian

More information

Overview. October 2013. Investment Portfolios & Products. Approved for public distribution. Investment Advisory Services

Overview. October 2013. Investment Portfolios & Products. Approved for public distribution. Investment Advisory Services Equity Risk Management Strategy Overview Approved for public distribution October 2013 Services Portfolios & Products Equity Risk Management Strategy* Tactical allocation strategy that seeks to adjust

More information

Contract Specifications 2015 Mini Trading Account

Contract Specifications 2015 Mini Trading Account Forex Currency Pairs Australian Dollar / Canadian Dollar (AUDCAD@) Australian Dollar / Swiss Franc (AUDCHF@) Australian Dollar / Japanese Yen (AUDJPY@) Australian Dollar / New Zealand Dollar (AUDNZD@)

More information

HSBC Global Investment Funds Global High Yield Bond

HSBC Global Investment Funds Global High Yield Bond Important information: For certain classes of the Fund, the Fund may pay dividends out of capital or pay dividends gross of expenses. Investors should note that the payment of dividends out of capital

More information

Robeco High Yield Bonds

Robeco High Yield Bonds Important Information 1. Robeco High Yield Bonds (the Fund aims to provide long term capital growth. The Fund invests at least two thirds of its total assets in bonds, asset backed securities and similar

More information

CLS Statistics on Foreign Exchange Activity

CLS Statistics on Foreign Exchange Activity CLS Statistics on Foreign Exchange Activity October 18, 2010 www.cls-group.com CLS and the CLS Logo are registered trademarks of CLS UK Intermediate Holdings Ltd 2010 CLS UK Intermediate Holdings Ltd.

More information

Algorithmic Trading Session 1 Introduction. Oliver Steinki, CFA, FRM

Algorithmic Trading Session 1 Introduction. Oliver Steinki, CFA, FRM Algorithmic Trading Session 1 Introduction Oliver Steinki, CFA, FRM Outline An Introduction to Algorithmic Trading Definition, Research Areas, Relevance and Applications General Trading Overview Goals

More information

ANZ ETFS PHYSICAL RENMINBI ETF. (ASX Code: ZCNH)

ANZ ETFS PHYSICAL RENMINBI ETF. (ASX Code: ZCNH) ANZ ETFS PHYSICAL RENMINBI ETF (ASX Code: ZCNH) INVESTMENT BUILDING BLOCKS FOR A CHANGING WORLD Introducing a suite of innovative exchange traded funds (ETFs) designed for Australian investors by ANZ

More information

Information on our MiFID order handling & execution policy

Information on our MiFID order handling & execution policy Public Information on our MiFID order handling & execution policy Product General Procedure - Foreign Exchange This is a supplement to the information on our MiFID order handling & execution policy July

More information

Opus Commodities Fund Ltd.

Opus Commodities Fund Ltd. November 2008 NewFinance Capital Opus Commodities Fund Ltd For professional investors only 01 November 2008 678m (USD) Share Class Performance NAV Annualised Return Since Inception Annualised Volatility┬╣

More information

COMMODITY TRADING ADVISOR (CTA) PRIMER

COMMODITY TRADING ADVISOR (CTA) PRIMER [1] We use the Barclay CTA Index as a proxy for the CTA industry. It is an unweighted index which measures the overall performance of the industry, showing performance of a large number of CTAs with at

More information

IPI s 2012 Fall Forum - San Francisco Hedging Portfolio Risk

IPI s 2012 Fall Forum - San Francisco Hedging Portfolio Risk IPI s 2012 Fall Forum - San Francisco Hedging Portfolio Risk Vince Gubitosi, President and CIO Mitch Livstone, Senior Portfolio Manager Geode Capital Management Outline Defining Tail Risk Tail Risk Examples

More information

SLVO Silver Shares Covered Call ETN

SLVO Silver Shares Covered Call ETN Filed pursuant to Rule 433 Registration Statement No. 333-180300-03 April 15, 2014 SLVO Silver Shares Covered Call ETN Credit Suisse AG, Investor Solutions April 2014 Executive Summary Credit Suisse Silver

More information

SAXO CAPITAL MARKETS UK LTD - EQUITY ACTIVE TRADER Rates and Conditions, valid from 1 July 2015

SAXO CAPITAL MARKETS UK LTD - EQUITY ACTIVE TRADER Rates and Conditions, valid from 1 July 2015 STOCKS & ETFs FLAT FEE THRESHOLD COMMISSION ABOVE MAIN MARKETS FLAT FEE (TRADE SIZE) THRESHOLD NASDAQ, NYSE & NYSE ARCA 1) Stocks 6,000 shares 0.7 cps/share London Stock Exchange 1) Stocks 5 GBP 30,000

More information

SCHRODER INVESTMENT MANAGEMENT (LUXEMBOURG) S.A. Disclosure and disclaimers to the dividend calendar:

SCHRODER INVESTMENT MANAGEMENT (LUXEMBOURG) S.A. Disclosure and disclaimers to the dividend calendar: SCHRODER INVESTMENT MANAGEMENT (LUXEMBOURG) S.A. Disclosure and disclaimers to the dividend calendar: Distribution frequency Dividends will be declared as annual dividends or may be paid more frequently

More information

FxPro Education. Introduction to FX markets

FxPro Education. Introduction to FX markets FxPro Education Within any economy, consumers and businesses use currency as a medium of exchange. In the UK, pound sterling is the national currency, while in the United States it is the US dollar. Modern

More information

Blackstone Alternative Alpha Fund II (BAAF II) Advisor Class III Shares

Blackstone Alternative Alpha Fund II (BAAF II) Advisor Class III Shares Blackstone Alternative Alpha Fund II (BAAF II) Advisor Class III Shares Blackstone For Accredited Investors Only As of November 30th, 2015 Investment approach Blackstone Alternative Alpha Fund II ( BAAF

More information

CFD Product Guide. www.myfxchoice.com

CFD Product Guide. www.myfxchoice.com CFD Product Guide www.myfxchoice.com Contents Notice Risk Warning 1. Trading Hours 2. Contract Size \ Contract value 3. Tick size \Tick value\spread value 4. Margin Requirements 5. Overnight Rollover Cash

More information

Crabel Capital Management, LLC

Crabel Capital Management, LLC Commodity Trading Advisors (CTAs) provide advice and services related to trading and investment strategies utilizing futures contracts and options on futures contracts on a wide variety of physical goods

More information

Trader Vic Indices. Access managed futures in an innovative index format

Trader Vic Indices. Access managed futures in an innovative index format Trader Vic Indices Access managed futures in an innovative index format The Royal Bank of Scotland plc (RBS) is an authorised agent of ABN AMRO in certain jurisdictions and ABN AMRO is a subsidiary undertaking

More information

Hedge Fund Trader. Quick Start Guide by SmartSetups.com

Hedge Fund Trader. Quick Start Guide by SmartSetups.com Hedge Fund Trader Quick Start Guide by SmartSetups.com Risk Disclaimers Trading or investing carries a high level of risk, and is not suitable for all persons. Before deciding to trade or invest you should

More information

HSBC Global Currency Fund (USD) Overview

HSBC Global Currency Fund (USD) Overview HSBC GLOBAL ASSET MANAGEMENT HSBC Global Currency Fund (USD) Overview September 2009 The Currency Market STRUCTURE Decentralised 'interbank' market Main participants: Central Banks, commercial and investment

More information

When rates rise, do stocks fall?

When rates rise, do stocks fall? PRACTICE NOTE When rates rise, do stocks fall? The performance of equities and other return-seeking assets in rising and falling interest rate scenarios, January 1970 through September 2013 William Madden,

More information

How To Beat The Currency Market Without (Much) Skill

How To Beat The Currency Market Without (Much) Skill How To Beat The Currency Market Without (Much) Skill January 2010 FQ Perspective by Dori Levanoni and Juliana Bambaci We ve written about rebalancing strategies for nearly two decades. 1 We ve done so

More information

Forex Currency Trading Conditions Overview for Colmex Pro MT4 Users

Forex Currency Trading Conditions Overview for Colmex Pro MT4 Users Forex Currency Trading Conditions Overview for Colmex Pro MT4 Users Colmex Pro high-speed execution and advanced trading environment puts all the right tools at your disposal enabling you to take advantage

More information

Currency Trading Opportunities at DGCX

Currency Trading Opportunities at DGCX Currency Trading Opportunities at DGCX About DGCX Region s 1 st and largest derivatives exchange Commenced trading in November 2005 Since launch over 6.8 million contracts traded with a value in excess

More information

STANDARD TARIFF SCALE STOCK, ADR, ETF

STANDARD TARIFF SCALE STOCK, ADR, ETF ANNEX 1 TO BROKERAGE SERVICE AGREEMENT USA Canada Mexico Austria Belgium France NORTH AMERICA Fee EUROPE Germany SWB FWB (1) Chi-X/NURO/Turqoise DE Xetra ETFs Xetra - Stocks Italy Netherlands Spain Sweden

More information

Cash-Settled Forward (CSFs)

Cash-Settled Forward (CSFs) Cash-Settled Forward (CSFs) CME has filed rules with the CFTC for 26 CSF contracts to be clearing eligible by Jan 3, 2012. The intent of the CSFs is to provide FX market participants with a clearable alternative

More information

Clearing Firm ID No. Asset Account ID No.

Clearing Firm ID No. Asset Account ID No. CLEARING MEMBER SETTLEMENT AND CUSTODY LISTING AND DEBIT AUTHORIZATION Clearing Firm ID No. Asset Account ID No. NOTE: CLEARING MEMBER FIRM MUST CONTACT ITS DESIGNATED S AND EXECUTE ALL DEBIT AUTHORITY

More information

CommSec Supplementary Financial Services Guide. Issue Date: 8 July 2014

CommSec Supplementary Financial Services Guide. Issue Date: 8 July 2014 CommSec Supplementary Financial Services Guide Issue Date: 8 July 2014 ii SUPPLEMENTARY FINANCIAL SERVICES GUIDE Important information: Commonwealth Securities Ltd ABN 60 067 254 399 AFSL 238814 ( CommSec

More information

Staying alive: Bond strategies for a normalising world

Staying alive: Bond strategies for a normalising world Staying alive: Bond strategies for a normalising world Dr Peter Westaway Chief Economist, Europe Vanguard Asset Management November 2013 This document is directed at investment professionals and should

More information

Alternative Sector Rotation Strategy

Alternative Sector Rotation Strategy Alternative Sector Rotation Strategy Alternative Sector Rotation Strategy INVESTMENT OBJECTIVE: Seeks long term growth of capital by investing in alternative asset classes as a way to compliment a traditional

More information

The Lombard Loan Your Bridge to Financial Flexibility

The Lombard Loan Your Bridge to Financial Flexibility The Lombard Loan Your Bridge to Financial Flexibility Private Banking Investment Banking Asset Management The Lombard Loan. An Attractive and Flexible Financing Opportunity for You. Are you in need of

More information

Standard commissions. Index Tracker CFD spreads. Index-tracking CFD contract details (continuous)

Standard commissions. Index Tracker CFD spreads. Index-tracking CFD contract details (continuous) Standard commissions Index Tracker CFD spreads Indextracking CFD contract details (continuous) Index Tracker Spread 1) Margin required Value of one contract 2) Trading Hours 3) US Tech 100 NAS 1.0 2% USD

More information

THE USE OF FIXED INCOME DERIVATIVES AT TAL GLOBAL ASSET MANAGEMENT

THE USE OF FIXED INCOME DERIVATIVES AT TAL GLOBAL ASSET MANAGEMENT GLOBAL ASSET MANAGEMENT INC. THE USE OF FIXED INCOME DERIVATIVES AT TAL GLOBAL ASSET MANAGEMENT Paul Bourdeau, CFA Page 1 September 2002 AGENDA Overview of TAL Overview of the Use of Derivatives at Use

More information

GFMA GLOBAL FX DIVISION OTC FX OPTIONS CLEARING & SETTLEMENT ANALYSIS RESULTS NOVEMBER 18, 2013

GFMA GLOBAL FX DIVISION OTC FX OPTIONS CLEARING & SETTLEMENT ANALYSIS RESULTS NOVEMBER 18, 2013 GFMA GLOBAL FX DIVISION OTC FX OPTIONS CLEARING & SETTLEMENT ANALYSIS RESULTS NOVEMBER 18, 2013 OTC FX Options Clearing & Analysis Results Contents I. Executive Summary II. Background III. Summary Results

More information

OpenWorld Dynamic Assets Fund

OpenWorld Dynamic Assets Fund FUND BROCHURE OpenWorld Dynamic Assets Fund Protecting and generating wealth For Professional Investors only Russell s OpenWorld fund range offers investors access to some of Russell s highest conviction

More information

Economic Data. October 30, 2015. October 29, 2015

Economic Data. October 30, 2015. October 29, 2015 Economic Data October 29, 2015 Country Economic Data Actual Expected Previous NZD RBNZ Rate Decision 2.75% 2.75% 2.75% JPY Industrial Production M/M Sep 1.00% -0.60% -1.20% AUD Import Price Index Q/Q Q3

More information

Examples of CIPM Expert Exam Questions

Examples of CIPM Expert Exam Questions Examples of CIPM Expert Exam Questions Based upon actual exam questions, these examples are intended to help you decide whether to become a candidate for the CIPM designation. They display the format of

More information

FX Currency Strength Radar Manual

FX Currency Strength Radar Manual C O D I N G T R A D E R. C O M FX Currency Strength Radar Manual Version 1.00 Table of Contents FX Currency Strength Radar... 1 What is FX Currency Strength Radar?... 2 Installation... 3 Configurations...

More information

Multi Asset Portfolio: Back-testing Report

Multi Asset Portfolio: Back-testing Report Multi Asset Portfolio: Back-testing Report Report Prepared for the Hamilton Investment Fund This analysis has been undertaken by Dr Paul Docherty to verify the performance and risk of the Multi Asset Portfolio

More information

Navigating Rising Rates with Active, Multi-Sector Fixed Income Management

Navigating Rising Rates with Active, Multi-Sector Fixed Income Management Navigating Rising Rates with Active, Multi-Sector Fixed Income Management With bond yields near 6-year lows and expected to rise, U.S. core bond investors are increasingly questioning how to mitigate interest

More information

Annual Shareholder Meeting. June 2012

Annual Shareholder Meeting. June 2012 Annual Shareholder Meeting June 2012 Agenda Call to Order; Opening of Polls Introduction of Directors Introduction of Management Introduction of Independent Registered Public Accounting Firm Designation

More information

FX Strategies. In the Low Yield Environment. Eddie Wang Head of FX Structuring, Asia. Hong Kong October 2010

FX Strategies. In the Low Yield Environment. Eddie Wang Head of FX Structuring, Asia. Hong Kong October 2010 FX Strategies In the Low Yield Environment Eddie Wang Head of FX Structuring, Asia Hong Kong October 2010 Contents 01 Key Trends 02 FX Hedging Strategies 03 FX Investment Strategies SECTION 01 Key Trends

More information

Economic Data. International Market Recap. September 21, 2015. September 18, 2015

Economic Data. International Market Recap. September 21, 2015. September 18, 2015 Economic Data September 18, 2015 Country Economic Data Actual Expected Previous JPY BoJ Minutes EUR Eurozone Current Account (EUR) Jul 22.6B 21.3B 25.4B CAD CPI M/M Aug 0.00% 0.00% 0.10% CAD CPI Y/Y Aug

More information

Economic Data. October 01, 2015. September 30, 2015. October 01, 2015

Economic Data. October 01, 2015. September 30, 2015. October 01, 2015 Economic Data September 30, 2015 Country Economic Data Actual Expected Previous NZD Building Permits M/M Aug -4.90% 20.40% GBP GfK Consumer Sentiment Sep 3 5 7 JPY Industrial Production M/M Aug P -0.50%

More information

Active Currency Trading Model Product Guide for Individually Managed Discretionary Accounts (MDA)

Active Currency Trading Model Product Guide for Individually Managed Discretionary Accounts (MDA) Active Currency Trading Model Product Guide for Individually Managed Discretionary Accounts (MDA) A high growth alternative investment for private and institutional investors wanting exposure to macro

More information

SSgA CAPITAL INSIGHTS

SSgA CAPITAL INSIGHTS SSgA CAPITAL INSIGHTS viewpoints Part of State Street s Vision thought leadership series A Stratified Sampling Approach to Generating Fixed Income Beta PHOTO by Mathias Marta Senior Investment Manager,

More information

Risks Involved with Systematic Investment Strategies

Risks Involved with Systematic Investment Strategies Risks Involved with Systematic Investment Strategies SIMC Lectures in Entrepreneurial Leadership, ETH Zurich, D-MTEC, February 5, 2008 Dr. Gabriel Dondi (dondi@swissquant.ch) This work is subject to copyright.

More information

Managed Forex Funds. Managed Foreign Exchange Funds. Solutions that Investors want! Current and Past Performance

Managed Forex Funds. Managed Foreign Exchange Funds. Solutions that Investors want! Current and Past Performance Mediatrix Capital, Inc. Managed FX Funds The following is our prospectus for the Mediatrix Capital Inc s Managed Account Foreign Exchange Funds. This information is for QUALIFIED and ACCREDITED INVESTORS

More information

Contract Specifications

Contract Specifications Contract Specifications Plans Equities Charges/Fees CFD Charges/Fees $4 per $0.01 per additional share (over $1.5 per $0.01 per additional share (over 150 A(1) trade (min 400 ) ECN and Sec fees trade (min

More information

Update on HKEx Equity Derivatives Market. Derivatives Trading Global Markets Division 24 April 2015

Update on HKEx Equity Derivatives Market. Derivatives Trading Global Markets Division 24 April 2015 Update on HKEx Equity Derivatives Market Derivatives Trading Global Markets Division 24 April 215 Exchange Participants Global Distribution Distribution of the Origins of HKFE Exchange Participants America

More information

The European Central Bank s Minimum Bid Rate and Its Effect on Major Currency Pairs

The European Central Bank s Minimum Bid Rate and Its Effect on Major Currency Pairs The European Central Bank s Minimum Bid Rate and Its Effect on Major Currency Pairs Ikhlaas Gurrib Abstract The paper looks at the effects of Minimum Bid Rate on three major currency pairs namely the Australian

More information

Five strategies for dealing with difficult markets

Five strategies for dealing with difficult markets When markets are volatile, it s natural to be worried about the impact on your portfolio. And when you re worried, you want to take action. Five strategies for dealing with difficult markets However, it

More information

Interest Rates and Inflation: How They Might Affect Managed Futures

Interest Rates and Inflation: How They Might Affect Managed Futures Faced with the prospect of potential declines in both bonds and equities, an allocation to managed futures may serve as an appealing diversifier to traditional strategies. HIGHLIGHTS Managed Futures have

More information

Clear Alpha Trading Strategies Fund Class A Shares USD a UCITS IV compliant fund

Clear Alpha Trading Strategies Fund Class A Shares USD a UCITS IV compliant fund Fund Terms Inception date 20 January 2011 Legal structure Fund AUM Firm AUM Share classes Investment Objective UCITS IV fund domiciled in Ireland $47.3 million $93.7 million USD Class (EUR, GBP also available)

More information

Blackstone Alternative Alpha Fund II (BAAF II) Advisor Class III Shares

Blackstone Alternative Alpha Fund II (BAAF II) Advisor Class III Shares Blackstone Alternative Alpha Fund II (BAAF II) Advisor Class III Shares Blackstone For Purchase by Accredited Investors Only As of May 31st, 2016 Investment approach Fund net performance 1, 2, 3 Blackstone

More information

High Frequency Equity Pairs Trading: Transaction Costs, Speed of Execution and Patterns in Returns

High Frequency Equity Pairs Trading: Transaction Costs, Speed of Execution and Patterns in Returns High Frequency Equity Pairs Trading: Transaction Costs, Speed of Execution and Patterns in Returns David Bowen a Centre for Investment Research, UCC Mark C. Hutchinson b Department of Accounting, Finance

More information

Understanding Managed Futures

Understanding Managed Futures Understanding Managed Futures February 2009 Introduction Managed futures have proven their strengths as an investment since the first funds were launched in the early 1970s. For over more than 30 years,

More information

Economic indicators dashboard

Economic indicators dashboard AS OF NOVEMBER 17, 2015 Economic indicators dashboard Vist www.blog.helpingadvisors.com for the full commentary of the Economic Indicators Dashboard. MOST RECENT 3-MO. trend TYPICAL range EXTREME range

More information

Performance of pairs trading on the S&P 500 index

Performance of pairs trading on the S&P 500 index Performance of pairs trading on the S&P 500 index By: Emiel Verhaert, studentnr: 348122 Supervisor: Dick van Dijk Abstract Until now, nearly all papers focused on pairs trading have just implemented the

More information

Investment Strategy for Pensions Actuaries A Multi Asset Class Approach

Investment Strategy for Pensions Actuaries A Multi Asset Class Approach Investment Strategy for Pensions Actuaries A Multi Asset Class Approach 16 January 2007 Representing Schroders: Neil Walton Head of Strategic Solutions Tel: 020 7658 2486 Email: Neil.Walton@Schroders.com

More information

Markaz Volatility Indices (MVX)

Markaz Volatility Indices (MVX) Kuwait Financial Centre S.A.K Markaz R E S E A R C H August 27 Markaz Volatility Indices (MVX) August 27 Research Highlights: Markaz volatility indices for the GCC, GEM and S&P 5. Summary The Volatility

More information

Galvan Derivative Trading - CFD Market Information Sheets

Galvan Derivative Trading - CFD Market Information Sheets Galvan Derivative Trading - CFD Market Information Sheets Effective from: 28th July 2008 Contents Introduction 1 Indices 2 Shares 3 Sectors 4 Currencies 5 Metals 6 Commodities 7 Bonds 8 Interest rates

More information

The Norwegian High Yield Bond Market. Marine Finance Forum New York, Nov 9, 2010

The Norwegian High Yield Bond Market. Marine Finance Forum New York, Nov 9, 2010 The Norwegian High Yield Bond Market Marine Finance Forum New York, Nov 9, 2010 Highlights The international high yield bond markets are active with record issuance volumes and decreasing yields The traditional

More information

What moves if oil moves? Be aware of indirect oil exposure and make use of it

What moves if oil moves? Be aware of indirect oil exposure and make use of it What moves if oil moves? Be aware of indirect oil exposure and make use of it DR BERND MEYER CFA HEAD OF CROSS ASSET STRATEGY dr.bernd.meyer@ commerzbank.com Large changes in the oil price and elevated

More information

Futures Trading: The Way to Go?

Futures Trading: The Way to Go? Futures Trading: The Way to Go? Terence Lee Private Client Service 25/02/11 Disclaimer The information contained in these course materials provided is the option of the Course Trainer and not Phillip Futures.

More information

Seasonality COVER. F1) Seasonal Trend in Heating Oil Price F2) Construction of a Seasonal Chart

Seasonality COVER. F1) Seasonal Trend in Heating Oil Price F2) Construction of a Seasonal Chart COVER Seasonality The seasons are a big influential factor in the commodities and financial markets. They influence the probability of price movement, whilst working in the background often unobserved.

More information

Carry Trade Explained What Is the Carry Trade?

Carry Trade Explained What Is the Carry Trade? I The Forex Trading Formula Carry Trade Triad Trading Formula - The Introduction Carry Trade Carry Trade Explained What Is the Carry Trade? The carry trade is a trading strategy in which you simultaneously

More information

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 Product Support Matrix Following is the Product Support Matrix for the AT&T Global Network Client. See the AT&T Global Network

More information

Singapore Exchange. Optionality Opportunities in the Asian Gateway. Mr Rick Aston, SVP Head of Institutions Singapore Exchange Limited

Singapore Exchange. Optionality Opportunities in the Asian Gateway. Mr Rick Aston, SVP Head of Institutions Singapore Exchange Limited Singapore Exchange Optionality Opportunities in the Asian Gateway Mr Rick Aston, SVP Head of Institutions Singapore Exchange Limited SGX Market Record Volume Annual record volume in 2008: 61.8 million

More information

Option Contract Size. Spreads as low as (in pips) Standard Lot 100,000 of 1st Ccy, Mini Lot 10,000 of 1st Ccy. 10:00am EST**

Option Contract Size. Spreads as low as (in pips) Standard Lot 100,000 of 1st Ccy, Mini Lot 10,000 of 1st Ccy. 10:00am EST** MARKET INFORMATION SHEETS FX OPTIONS* Pairs Available (Calls & Puts) Trading Hours Margin Requirement Contract Listings Strikes*** Option Expiration (Cut) Time** Option Contract Size Spreads as low as

More information

Citadele Eastern European Bond Fund. February 2014

Citadele Eastern European Bond Fund. February 2014 Citadele Eastern European Bond Fund February 2014 Citadele Asset Management Government of Latvia EBRD Solid shareholder base Regulated by Financial and Capital Market Commission 75% 25% Citadele Bank MiFID

More information

JPMorgan Global Bond Fund. Global investing - A less volatile choice NEW. SFC-authorised global bond fund with RMB-hedged share classes*!

JPMorgan Global Bond Fund. Global investing - A less volatile choice NEW. SFC-authorised global bond fund with RMB-hedged share classes*! AVAILABLE FOR PUBLIC CIRCULATION NEW JPMorgan Global Bond Fund December 2015 Asset Management Company of the Year 2014 Fundamental Strategies, Asia + Important information 1. The Fund invests primarily

More information

BackTestWizard.com. Simple Trading Plan Template. Please feel free to share this document.

BackTestWizard.com. Simple Trading Plan Template. Please feel free to share this document. BackTestWizard.com Simple Trading Plan Template Please feel free to share this document. For advanced trading strategies, risk management rules and tips for improving your trading psychology Please purchase

More information

Evolution of GTAA Investment Styles. In This Issue: June 2012

Evolution of GTAA Investment Styles. In This Issue: June 2012 June 2012 ALPHA GROUP TOPIC The Alpha Group researches investment managers. In This Issue: n Evolution of GTAA Investment Styles n Risk-Parity vs. GTAA Managers n Implementation n Investing in a GTAA Strategy

More information

No duplication of transmission of the material included within except with express written permission from the author.

No duplication of transmission of the material included within except with express written permission from the author. Copyright Option Genius LLC. All Rights Reserved No duplication of transmission of the material included within except with express written permission from the author. Be advised that all information is

More information

Important Facts. Currency Linked Deposit Mar 2015

Important Facts. Currency Linked Deposit Mar 2015 Important Facts Currency Linked Deposit Mar 2015 Important tice: This is a structured product involving derivatives. The investment decision is yours but you should not invest in currency linked deposit

More information

Noble Royalties, Inc.

Noble Royalties, Inc. Noble Royalties, Inc. { America s Leader for Private Royalty Ownership Welcome } For over a century, sophisticated investors have understood the benefits of More Diversification Means Reduced Portfolio

More information