Technology

Currensee Adds Adantia To Leaders Investment Program

Eliane Chavagnon 23 February 2012

Currensee Adds Adantia To Leaders Investment Program

Currensee, the online foreign exchange alternative investment platform, has selected commodity trading advisor Adantia as a trade leader for its network of professional traders.

Via the trade leaders investment program, retail and institutional investors can build “funds of forex fund” portfolios by "copy-trading" select trade leaders, based on their track records, trading strategies and risk management practices, the firm said.

Adantia has traded client accounts using the foreign exchange volatility strategy for nearly two years, automatically allocating capital across positions in euro/dollar, dollar/Japanese yen, pounds sterling/dollar and dollar/Canadian dollar.

“This is a fully automated strategy that attempts to take advantage of a particular currency pair as it stretches away from a mean and then reverts back to the mean,” the firm said.

Other trade leaders already recruited to Currensee’s leaders investment program include Janus Trading and Joiny Jiang. 

During the six-month period ending 31 December Currensee said its trade leaders logged a 31 per cent cumulative return, comparing itself to the S&P 500, which returned -5 per cent.

Currensee is funded by North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital and is registered with the Commodity Futures Trading Commission as an introducing broker.

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