Monday, 6 July 2015
Last updated 1 hour ago
Jan 10 2007 | 11:29am ET
Dustin Dubia, a college dropout who started his own chain of cellular phone stores in California and Washington state, has launched the Futures Index program, which exclusively trades the electronic S&P500 E-Mini contract at the Chicago Mercantile Exchange. In its first three months of trading, the program returned 20.72%.
Futures Index, which is 95% systematic, consists of roughly 80 different systems grouped into five independent trading models, according to firm documents. Two day-trade and three short-term (one-to-five-day holding time) models are represented. The program is 35% trend-following, 40% counter-trend and 25% predictive. Model positions are equally likely to be long or short the market.
The program charges no management fee and a 30% incentive fee, with a $100,000 minimum investment requirement.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…