Trading on Momentum When There's no Momentum

Fiovarante, Janice
August 2009
Securities Industry News;8/17/2009, Vol. 21 Issue 18, p20
Trade Publication
Case Study
The article presents a case study involving FX Concepts LLC that aimed to generate absolute return from trading currencies and manage its currency portfolio using quantitative models based on price action, interest rates and market price-based data. The company has lost 4.1% of its Global Currency Program in the first quarter of 2009. It discusses how startup Cinneas Foreign Exchange LLC capitalize with the loss of FX Concepts.


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