Proprietary trading · Digital assets
We are a proprietary trading firm applying machine learning and market-microstructure research to spot, perpetual futures and options on the world's major digital-asset venues. We trade our own capital, around the clock.
About the firmOpen rolesWhat we do
Three activities, one research process. Every model that trades has passed the same validation and runs inside the same risk framework.
Continuous two-sided liquidity in liquid pairs across centralised venues, with inventory managed by models that retrain daily.
Basis, funding and relative-value strategies that hold from minutes to days, sized by a firm-wide risk framework.
A shared research cluster, versioned data and a model-validation process that every signal passes before it trades.
How we work
A signal is a hypothesis until it has survived the people whose job is to break it.
Developed on the research cluster against versioned tick data and transaction-cost models fitted on our own fills.
Reviewed out of sample by an independent group: capacity, decay, regime behaviour and what happens under stress.
Promoted after the risk committee signs off. Monitored continuously against firm-wide limits and kill switches in the order path.
Research notes
How perpetual funding rates co-move across venues, and what the dispersion says about where leverage sits.
Where speed still pays in digital-asset markets, and where queue position matters more than the wire.
Why out-of-sample is not enough: capacity, decay and regime tests we run before a signal trades.
Markets
Centralised venues for spot, perpetual futures and options, with institutional custody arrangements across multiple providers. Treasury and custody are separated from trading by design.
How the platform works| Instrument | Activity | Horizon |
|---|---|---|
| Spot | Market making, cross-venue relative value | Seconds to hours |
| Perpetual futures | Basis and funding strategies, liquidity provision | Minutes to days |
| Options | Volatility relative value, hedging of the book | Days to weeks |
| Treasury | Custody, settlement, venue funding | Continuous |
Careers
Small teams, direct ownership, and a culture of writing things down. Six roles are open across four offices.