MIAMI–()–Systematic Alpha GP, Ltd., an affiliate of Systematic Alpha Management, LLC (“SAM”) which manages the Systematic Alpha Intraday Buying and selling Program, has launched the Systematic Alpha Cryptocurrency Arbitrage Fund buying and selling pure arbitrage in digital belongings on main cryptocurrency exchanges.

The Fund began buying and selling in Could 2022, using a proprietary pure arbitrage crypto technique, which has been traded dwell utilizing proprietary capital since February 2020. The seed capital for the Fund got here from Bequant – an Institutional Prime Dealer and Alternate which was acknowledged by HedgeWeek because the Best Digital Assets Prime Broker in 2022.

The Fund trades solely Bitcoin and Ethereum futures and spot, exploiting arbitrage alternatives associated to those digital belongings buying and selling concurrently on totally different cryptocurrency exchanges. Arbitrage is the method of instantaneously shopping for and promoting a monetary instrument on totally different exchanges, in an effort to make a revenue from an imbalance in worth.

The Fund engaged high service suppliers to fulfill the excessive operational calls for of institutional buyers and handed the Operational Due Diligence carried out by a London-based award-winning ODD service supplier. Earlier this yr, the Fund signed a Time period Sheet with an institutional shopper for a $17m allocation.

“Extremely-low latency execution and all-time low transaction prices are important to seize the arbitrage alternatives in digital belongings and to compete with our rivals,” famous Peter Kambolin, SAM’s CEO.

Whereas some managers declare to commerce arbitrage methods, only a few are buying and selling pure arbitrage. Trying on the day by day returns is an effective train to confirm the standard of an arbitrage technique. “In our case, we hardly ever have a down day, and what’s extra thrilling is that our returns have truly accelerated in September,” famous Peter Kambolin. “Whereas the technique does have a restricted capability, there’s nonetheless a chance for buyers to get publicity to our fund.”

In 2019, SAM was acknowledged by CTA Intelligence US Efficiency Award because the Best CTA Cryptocurrency Fund. In 2014, SAM was the winner of CTA Intelligence US Efficiency Awards because the Best Short Term Trader. In 2013, SAM received the Pinnacle Award because the Greatest Diversified CTA below $500m AUM. In 2012, SAM received the HFM Week US Efficiency Awards because the Best CTA below $250m AUM and in 2009 it received the HFM Week US Efficiency because the Best CTA Newcomer.

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