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Incubation Program |
Elite E Services EES Trading Incubator for Proprietary Systems TIPS EES TIPS This program is also good for systems developers who are developing automated systems. We will provide tools and resources to help your development. |
Combining Talent and Capital:
Matching the Best and Brightest Traders with Investment Capital
Elite E Services is always on the lookout for new, up-and-coming ‘undiscovered’ FX trader / managers. In our efforts to constantly innovate and seek-out and attract the best currency managers in the world, Elite E Services is proud to offer our FX Fund Manager Incubation Program. Through this program, promising traders who believe they've identified an innovative, consistently-profitable strategy whether algorithmic, discretionary, technical or fundamental can have their programs watched and rigorously tested and reviewed by our experienced, market-savvy analysts. The select few that satisfactorily pass through our evaluation process are offered allocations from the Tactical Asset Management programs and an opportunity to join in our ambitious goals of becoming one of the world's foremost global capital managers.
5 Step Program
1. The first step in the program involves a thorough background and due-diligence check
2. In the next step, if reached, a prospective manager will trade its own capital over an extended period of time while Elite E Services watches and reviews performance to assess relative strengths, weaknesses and applicable inconsistencies. Suitability of a strategy to larger-scale volume trading is also assessed.
3. Managers that pass these initial screens are then subjected to meticulous VaR (Value at Risk) assessment and trading-scenario stress-testing.
4. If successful, Elite E Services then assesses relative correlations of returns to determine optimal fit.
5. Finally, if a manager's returns within strict risk-constraints are found to be accretive, without unduly adding to portfolio volatility, then he/she may be considered for an allocation from one of Elite E Services programs or affiliate programs
For clients of Elite E Services, our innovative strategy serves as a testament to our commitment to finding and cultivating the world’s best managers.
To apply for the Elite E Services Hedge Fund Incubation Program, email info@ees.net.nz or contact us by other means by clicking here.
The Curriculum:
Know What We Look For
In order to trade professionally for Elite E Services or one of its affiliates, there are certain base attributes which every trader must possess:
* An ability to identify prime entry and exit points
* Sound Risk Management practices
* Discipline and emotional detachment
* A trading style that can profit when applied with extremely large order volume, where execution costs can be higher and where execution slippage may be more common
If a Trader/Manager possesses the above attributes at a minimum, we then consider whether he/she is a “System Trader” or a “Discretionary Trader”
System Traders
In today's marketplace, investors continue to place a premium on consistently profitable trading systems and the talented developers who can create them. In particular, we will seek systems bearing three of the most sought-after attributes:
* the ability to be entirely automated with no need for manual intervention
* the ability to successfully trade large volumes with minimal slippage
* consistent profitability over time with minimal drawdowns and volatility
Discretionary Traders
For Trader/Managers who classify their style as “Discretionary,” we will certainly look for a solid, defensible logic to trading decisions, with rules that can be strictly adhered to and a methodology that is suitable to large order volumes. Of course, we will always prefer managers whose track record demonstrates a history of consistent profitability with minimal drawdowns.
To apply for the Tactical Asset Management Hedge Fund Incubation Program, click here
FAQs
1. I'm making money already. Why should I participate in this program?
The opportunity to establish oneself as a recognized authority on trading as well as the ability to earn substantial remuneration are two of the biggest reasons why successful traders should consider taking advantage of this potentially lucrative opportunity. If you successfully pass through the Tactical Asset Management program and receive and allocation, you may well easily find yourself managing upwards of $10,000,000. The profit potential in such a scenario is enormous:
Consider the following example:
Assuming a possible management fee of 1%, you automatically earn 1% of the amount you are managing. On a $10 million account -- a conservative amount for a professional trader at a hedge fund -- that amounts to $100,000, all before placing a single trade.
Assuming an incentive fee of 20% (whereby the trader keeps 20% of the profits he/she generates), the profit potential is even greater. Traders who can earn 20% a year will earn an additional $400,000, assuming an account of $10 million ($10 million * 20% annual return * 20% incentive fee). The higher the return the trader can generate, the greater his/her individual profits. Moreover, traders with higher returns will also most likely be rewarded with larger accounts to manage, and hence stand to earn even more through management and incentive fees.
Clearly, for those that earn it, it is quite feasible for talented traders to become considerably wealthy through the Elite E Services Incubation Program.
2. Why do I need to trade a live account with my own capital first?
Elite E Services requires that you have a live account with a EES recommended FX brokerage so as to ensure the legitimacy of the track record submitted to us. Track records submitted from other brokerage firms/market makers may be subject to intentional manipulation on the part of the trader and/or misleading execution policies maintained by the participating broker. By submitting a trading record from an account with a recommended FX broker, we can be sure that the track record is legitimate and that the statement accurately reflects the user's ability to trade.
HOW TO APPLY
The application process is very simple and casual. We just need to know that you are interested in becoming a fund manager. Believe it or not, there is a shortage of good managers who stick to their plans and show consistent returns. EES wants to allocate capital to you!
Additionally, if you open any account under our house, where EES is the referring party, this can be used as a valid track record to show potential capital allocators, clients, and other fund management organizations in our affiliate network.
