Summary

-Important Update: On August 2008, the EVE spread trading program was split into a high and low minimum program while maintaining similar trading strategies for each program. On August 1, 2008 the high minimum program was deleveraged by 50% and on Sept 2, 2008 the low minimum program was also deleveraged by 50%. In both cases most investors chose to double their allocation using notional funding in order to maintain the same positions levels.