Forex social network and alternative investment company Currensee announces a strong addition to its Trade Leaders program. Adantia LLC, which is a BarclayHedge “Top Currency Trader” and a Future Magazine’s “Hot New CTA” is joining the network.
This addition of Adantia adds to the quality of the “copy trade” program in which anyone can invest. During the six months ending at the end of 2011, the Trade Leaders program made an average of 31% cumulative return.
For more details, here is the official press release:
Currensee Recruits Leading Forex Commodity Trading Advisor to Trade Leaders Investment Program
Adantia Added to Currensee Elite Network of Professional Traders
BOSTON – Feb. 22, 2012 – Currensee (www.currensee.com), the industry’s first foreign exchange (Forex) alternative investment service, today announced that Adantia LLC””one of Future Magazine’s “Hot New CTAs” and a BarclayHedge “Top Currency Trader”””has been selected as a Trade Leader, Currensee’s elite network of emerging Forex managers. Via the Trade Leadersâ„¢ Investment Program, retail and institutional investors can create diversified “funds of Forex fund” portfolios by copy trading select Trade Leaders based on their track records, trading strategies and risk management practices. The Currensee Trade Leaders cumulatively outperform other popular investments such as the S&P 500, Gold and the Barclay CTA Index over the last year.
Less than 2 percent of applicants qualify to become Trade Leaders, following the strict due diligence process that Currensee deploys involving rigorous assessment, testing and monitoring of each applicant’s performance. Consequently, this elite group is comprised of high-caliber, industry-regulated expert traders. Adantia joins other professional Trade Leaders recruited to the program, including Janus Trading and Joiny Jiang.
Adantia has been trading client accounts using the Foreign Exchange Volatility Strategy for almost two years. This is a fully automated strategy that attempts to take advantage of a particular currency pair as it stretches away from a mean and then reverts back to the mean. Adantia automatically allocates capital dynamically across positions in the EUR/USD, USD/JPY, GBP/USD and USD/CAD. To learn more about Adantia’s strategy, visithttp://blog.currensee.com/
“The success of the Currensee investment service is anchored in the quality of the Trade Leaders. As we expand our service to financial institutions and their clients, it’s critical that we attract the highest quality, regulated emerging managers such as Adantia,” said Currensee CEO Dave Lemont. “Copy trading demands trust in the strategy and experience of the trader, so we put to work a highly rigorous due diligence process to verify the experience and credentials of our Trade Leaders.”
For the six month period ending Dec. 31, 2011, the Trade Leaders averaged a 31-percent cumulative return compared to the S&P 500, which returned -5 percent.
Currensee is the industry’s first Forex alternative investment service providing investors and financial institutions with access to the world currency markets in a first-of-its-kind, transparent, convenient and trusted way. Using Currensee, investors can build their own “fund” of emerging Forex managers, control risk, make real-time portfolios changes and achieve diversification by leveraging the uncorrelated returns of the Forex market. Currensee is funded by North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital. Currensee is registered with the Commodity Futures Trading Commission (CFTC) as an Introducing Broker (IB) and is a member of the National Futures Association (NFA) member number 0403251. Currensee is also authorized by the Financial Services Authority (FSA), firm reference number 518648, and registered in England and Wales, companies’ house number 07025997. For more information, visit Currensee at www.currensee.com.