Summary

STTS is a short-term systematic trading program designed to offer low correlation to equities, bonds, and major alternative strategies, with a strong “crisis alpha” profile. It serves as a complementary addition to traditional portfolios, alternative strategies, and mid-to-long-term CTAs. The program identifies and captures short-term price movement opportunities across multiple asset classes, with an average holding period of 2.3 days. It employs a variety of strategies, including time-series momentum, dynamic trend analysis, and mean reversion. “The cheapest trade is the one you don’t trade”. Effective trade selection and execution are crucial for a short-term approach. Our proprietary “Trade Opportunity and Book Yield” (TOBY) tool—developed over several years of research—enables STTS to detect low-slippage order book structures and prioritize trades with an expected yield exceeding trading costs. With a focus on execution efficiency and robust risk management, STTS aims to provide reliable crisis alpha and portfolio protection during periods of market stress, without compromising liquidity.