Proprietary trading and quantitative research
We trade our own capital. We build systematic strategies, test them before they see risk, and run them inside limits written in code.
What we do
The firm has two business lines. They share one research environment and one risk system, so every new idea starts with the same data, the same costs and the same limits as the ones before it.
We turn ideas into written hypotheses and test them on tick-level and minute-level bid and ask history, with the real spread paid on every trade. Only what survives is considered for capital. The work starts with gold and extends to equities and options.
We are building a desk that runs our strategies in the market and manages the book day to day. Risk and compliance report separately from trading, and the desk works inside the same limits as the research.
How we work
Four principles shape how we research, trade and build.
A strategy starts as a written hypothesis and a test. We keep what survives costs, spread and data it has not seen, and we keep a record of what we discarded and why.
We look for several sources of return that do not depend on each other, across instruments and time horizons, instead of one idea made larger.
Every strategy runs through the same limits. They are fixed in code, monitored continuously, and backed by a circuit breaker that discretion cannot override.
Logging and statements exist from the first order. Monitoring, reconciliation and audit are designed in, so a new strategy joins controls that are already running.
Limits sit in four layers, so no single check is the only protection.
Caps on the size of any single position and of the whole book.
Limits on losses and drawdown stop new risk before losses compound.
Caps on how much risk sits in one instrument or one idea.
Halts trading when a limit is breached. It is built to override trader discretion.
Where we are
Central and Eastern Europe sits between the Asian close and the US open. The chart shows regular exchange hours converted to Central European Time for today's date.
Exchange hours on Central European Time
Today
Join us
We look for people who like hard problems, write careful code and say plainly when an idea has failed. Titles matter less to us than the quality of the thinking.
Mathematicians, physicists and programmers who enjoy testing ideas against data and keeping an honest record of what did not work.
People who can run a book from systematic signals, read a live market and respect a limit when it is inconvenient.
People who write the limits, build the checks and report separately from the desk.
People who keep the books, reconcile every position and make sure the numbers we rely on are the right ones.
Send a short note and a CV, or a link to something you built.
Contact
For hiring, research collaboration and press. We do not give investment advice.