The company is currently managing two funds: a Global Thematic Equity Long Short Hedge Fund called The GMC Fund and a Quantitative trading fund called GC Sigma Fund. During the last year and a half, Global-Cap has grown a Quantitative Arbitrage team of 5 people trading over many instruments and asset classes mainly in the High Frequency space. With approximately 5000 trades per day, Global-Cap is definitively low latency sensitive, one of the many reasons which led to the choice of QuantHouse products, namely QuantFeed and QuantFactory, allowing them to develop automated trading strategies and deploy them over many markets.

The Case

During a Proof of Concept period of 3 months involving intensive collaboration with QuantHouse development teams, Global-Cap professionals have been able to set up from scratch an entire trading environment, meeting their criteria regarding reliability, latency and trading performance.

Thanks to the expansion capabilities and the inherent flexibility of the QuantFramework, Global-Cap have been able to develop and fully tailor the trading environment; from tick data storage using a dedicated scheme, to effective trading with its broker using market prices and external macro indicators to drive its risk and trading aggressiveness, thus trading futures markets, ETFs and in the near future options and stocks.

The solution built around QuantFactory products

QuantFeed is used to access market prices, thus leveraging its low latency capabilities to feed the prices’ database using a proprietary algorithm.

QuantDeveloper has been used extensively to design, back-test and validate the trading strategies to be activated later on. QuantDeveloper allows Global Cap to export these strategies as DLLs to be used in QuantEngine.

QuantEngine is used on the production side, to effectively trade and monitor the strategies. The software has also been parameterized to trigger alerts during day to day operations, for instance sending emails and audible alerts if a broker connection is down.

Thanks again to the open architecture of QuantFactory, running within Visual Studio, Global Cap has developed customized monitoring and additional trading screens to be able to trade with full confidence.