MULTI-STRATEGY
DIGITAL ASSET
INVESTMENT COMPANY

Orthogonal Trading is a multi-strategy cryptocurrency trading firm focused solely on the digital asset markets. The Firm exploits inefficiencies in the nascent digital asset markets by using market neutral arbitrage trading across CeFi and DeFi to create a consistent, positive carry backbone and then augments these returns via capturing alpha via active trading in both cryptocurrency volatility markets and systematic delta 1 strategies. Orthogonal Trading also undertakes selective VC investing.

  We aim to provide an all-weather investment vehicle that generates an unprecedented risk/return profile for our investors.

PRINCIPLES

STRATEGIES

STRATEGY 1

DIGITAL  ASSET  OPTIONS TRADING

Leverage the Principals’ deep  experience and expertise in  options and derivatives  markets – which spans foreign  exchange, interest rates, VIX and digital assets – to deliver  uncorrelated alpha via the  application of sophisticated  institutional grade options  trading techniques to digital  asset options.

STRATEGY 2

SYSTEMATIC DELTA ONE

  • Trend Following
  • Mean Reversion
  • Exchange Segmentation
  • Regime Clustering
  • Seasonality

Orthogonal Trading has a meritocratic culture where you are judged on your performance, contributions and talent. We aim to hire smart, hungry, trustworthy individuals who are excited about digital assets and willing to deep dive into the world of cryptocurrency to both extract alpha and develop the broader ecosystem. Orthogonal Trading is a firm that gives employees freedom, does not stand on hierarchy and in return expects employees to do what needs to be done within the rules to deliver results to our investors.

STRATEGY 3

CEFI  AND  DEFI  ARBITRAGE

  • Statistical Funding and Basis Arbitrage
  • Yield Farming
  • Cash and carry arbitrage
  • Rates relative value trading
  • Cross-exchange arbitrage
  • Quanto arbitrage

RISK MANAGEMENT

 

We rely on a combination of sophisticated, rigorous risk management frameworks and applications grounded in the Partner’s experience at some of the largest firms in the world in traditional finance and digital asset markets. On top of this we overlay a cautious, common sense approach that is critical in a nascent, fast moving space like digital assets.

      Our risk management process is there to allow the Firm to capitalise on opportunities and deliver strong performance while minimising drawdowns and ensuring we are always able to operate effectively. Disciplined risk estimation and management are deeply ingrained in the firm and are integrated into all components of the investment process across each trading strategy.