Access to the full range of CQG exchanges (KRX, HKFE, IDEM, MEFF, OSAKA, TSE, JSE/SAFEX) would make this a wonderful product.
Any timeline on when you will be integrated to these exchanges?
Hello B,
Thanks for sharing your insights here.
I do not think the issue has to do with the amount you invest, but the structure.
A structure in which you assume no losses, with no guarantee of you providing the manager with any future capital, I think is grossly unfair to the manager...
IB does a very good job of constantly updating its margins via this website dialy:
http://institutions.interactivebrokers.com/en/p.php?f=margin&ib_entity=inst
Is there a way to get this info in an Excel spreadsheet daily or in some other format that will lend itself to automatic updates...
As far as I know you cannot notionally fund a Fund. Notionally funding cannot work within a Fund structure...again as far as I know.
If you have contrary information, please do share.
What you possibly can do is in your reporting, indicate the Fund's returns have been adjusted by the...
Just curious, are your registered as a CTA and if not, why? The new laws have a exemption for fund managers who are CTAs from registering with the SEC as investment advisers.
Good decision, Heech.
Are you reporting to all the HF databases?
Are you on the conference circuit, meeting investors?
Do you have many names on your distribution list?
OK. We agree on something...the truth is...there is NO WAY for Heech or his "investors" to guarantee that they can raise Heech money even if he meets pre-defined metrics. Even if they signed an agreement saying they would raise for him or invest $25M in his fund if after 1year he meets some...
Sorry to sound so cynical...but forget about reputation and "word" when it comes to money and investing. Anything that is not signed in a legal agreement AND legally enforceable AND practically enforceable is to be frank....hogwash and completely unrelaible.
For example, if you have an...
If it's a managed account, I'm 90% confident they'll probably bail at a 5% loss. In fact if your first month is a loss of 3% - they'll probably bail then..which could mean you risk losing 30-50% of your capital (3 - 5% * leverage of 10), with no real opportunity to recover from this drawdown...
In my eyes, it's a very simple consideration.
An investor who will not take losses is not an investor...PERIOD.
They want a no risk proposition - I would never deal with such investors.
Question - would they invest in your fund or would it be via a managed account?
Would they accept...
Ithink Hydroblunt's point which I also pointed too in my post is that I would be very surpised if they invest in the fund...they most likely want the $20MM to be in a managed account that THEY control.
I still think you should ask for a 50:50 split of losses and profits, that way, they don't have the risk that after you lose your 10% , you now trade recklessly - becuase you have nothng else to lose. It's better to have the losses split pari passu as they occur.
I also think you should...