Quaesta Capital AG: Mixing product quality and service excellence with the flavour of Switzerland >>>
positions over a weekend. Overnight we place under all circumstances stop –loss and profit-target orders for all market positions.
Furthermore we offer full transparency for the vTrader strategy as our investors get access to all portfolio positions and risk parameters.
What back-testing methodologies does Quaesta employ to confirm that your strategies remain relevant to the long term trading goals and performance criteria of the firm?
All algorithms are tested with short-, mid- and long- term data series as well as in in-sample and out-of- sample periods to analyse the returns and the behaviour of each algorithm under different circumstances before we use these as live market signals.
If an algorithm for a currency pair is successful during the testing period, we use that algorithm for live trading. All live trading algorithms are monitored regarding returns and behaviour. We use algorithms for live trading as long as the minimum requirements are fulfilled. If this isn´t the case anymore, we generate new and fresh algorithms first for testing and at the end for live trading.
In what ways do you undertake a research agenda to help improve the design of new program strategies and the ongoing enhancement of your existing program processes?
Since inception of our vTrader FX program in 2006 we continue to optimize and enhance our algorithm machine with respect to changing market environments. Tat happens for the whole program as well as on the level of each currency pair as the changes
of each of them can be fundamental. To improve vTrader FX we work close together with the specialists of DIP to identify the best solutions for a successful running systematic technical algorithm machine.
In additional to your investment activities what other FX services does the firm also provide?
As an currency expert we provide our clients with the following FX services:
FX Risk Management. Here the focus is on hedging optimally the FX risk of an investor’s portfolio. Tis can involve tasks such as aggregation of the FX risk, determining the optimal hedge ratio, implementing an efficient cash flow management and assuring best- execution.
FX Transaction Cost Analysis. Here the focus lies in revealing the true costs of executing FX transactions and setting-up an efficient execution platform via a multibank or prime brokerage set-up. Tis allows the client to achieve full transparency on the FX transactions.
FX Execution. Here we support our clients with our know-how and nearness to the FX market to trade at best prices.
What trading platforms do you use and what factors influenced that choice?
We currently use the common trading platforms of the banks we work with and for some clients we make use of multi-bank trading platforms. In our FX services activity it depends on the client’s willingness to opening up the number of execution banks to use. Sometimes this may be a rather challenging task.
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