Managed Forex Program / Minimum Investment: $10,000 Blue, $50,000 Hybrid

PLEASE NOTE: ALTAVRA does NOT charge a load, upfront or initial fee on any account. 

 

The Delta Hybrid program looks to capitalize on inefficient market movements through similar assets. The automated program trades forex and futures contracts simultaneously to capitalize on the inefficiencies targeted. The objective is to profit as the market corrects and re-attains efficiency. The program may be long or short either futures or forex positions but each position will always have a counter position in a correlating asset. Due to the efficient nature of the markets Delta Hybrid will often not have a market position as the algorithms wait to identify proper inefficiencies. Entry size and margin will vary depending on the measure of divergence of efficiency in the market at the time of entry. The dynamic entry size allow for larger positions to be placed when the traded assets are calculated to be more inefficient and thus the larger divergences come with greater profit potential. The Delta Hybrid Forex accounts may trade the spot currencies from the G12 countries (Australian Dollar, Canadian Dollar, Euro Dollar, Japanese Yen, Swiss Franc, Great Britain Pound, and the United States Dollar), while Delta Hybrid futures accounts may trade broad based indices, metals, agriculture and currency interest rate futures contracts. Notional funding is available.

 

Jantz Hoffman has been listed as a principal of Delta Capital LLC on February 24, 2009, and has been registered as an Associated Person on March 9, 2009. Mr. Hoffman serves as the head trader of Delta FX Banker model and acts as trading supervisor for the Delta S&P Index model. Mr. Hoffman has been supervising, without discretionary authority, automated forex trading systems and operations involving significant capital since September 2003. Prior to the organization Delta Capital LLC, from March 2005 to July 2005, Mr. Hoffman provided consulting services to Elsworth Berg FX, an unregistered Forex trading firm. He subsequently became the director of FX trading operations at Elsworth Berg FX (June 2005 to December 2008), a Forex trading firm, and an Introducing Broker for Elsworth Berg Capital Management, a Forex trading firm associated with Elsworth Berg FX (January 2005 to December 2008). Furthermore, in addition to direct involvement with Elsworth Berg FX, Mr. Hoffman was an Agent to World Financial Group, a Forex trading firm (July 2005 to January 2006), and previously to that, a Senior Currency Specialist for Universal Money Traders, a Forex trading firm (September 2003 to March 2005). Mr. Hoffman has also provided expert testimony on behalf of the US Government as a specialist in the field of foreign currency exchange.

 

Zoran Cetusic is a principal and head trader of Delta S&P Index managed account. Mr. Cetusic is listed as principal of Delta Capital LLC since February 24, 2009 and has been registered as an Associated Person and National Futures Association Associate Member since May 05, 2009. Having started his career in the technology industry 12 years ago, he’s acquired significant expertise in networking, systems integration and transactional software development during his time as a Lead Software Engineer at Interactive Intelligence (Feb 1997 to May 2004). Interactive Intelligence is a provider of telecommunications software and services. In May of 2004, Mr. Cetusic founded Avalon Software LLC, a technology consulting firm. From November 2005 through October 2008, applying his experience and engineering knowledge to quantitative analysis and market modeling, he acted as a as a primary technology partner to Elsworth Berg FX, an unregistered forex trading firm, providing automated trading systems expertise under auspices of Avalon Software LLC consultancy, where he remains associated in the role of chief technologist/consultant. Mr. Cetusic has been involved in the development of a number of forex and index futures models during that time, and has had responsibility for systems managing multi-million dollar portfolios.

 

THE RISK OF LOSS IN FOREX TRADING CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD ALSO BE AWARE OF THE FOLLOWING:

 

FOREX TRANSACTIONS ARE NOT TRADED ON AN EXCHANGE, AND THOSE FUNDS DEPOSITED WITH THE COUNTERPARTY FOR FOREX TRANSACTIONS MAY NOT RECEIVE THE SAME PROTECTIONS AS FUNDS USED TO MARGIN OR GUARANTEE EXCHANGE-TRADED FUTURES AND OPTIONS CONTRACTS. IF THE COUNTERPARTY BECOMES INSOLVENT AND YOU HAVE A CLAIM FOR AMOUNTS DEPOSITED OR PROFITS EARNED ON TRANSACTIONS WITH THE COUNTERPARTY, YOUR CLAIM MAY NOT RECEIVE A PRIORITY. WITHOUT A PRIORITY, YOU ARE A GENERAL CREDITOR AND YOUR CLAIM WILL BE PAID, ALONG WITH THE CLAIMS OF OTHER GENERAL CREDITORS, FROM ANY MONIES STILL AVAILABLE AFTER PRIORITY CLAIMS ARE PAID. EVEN CUSTOMER FUNDS THAT THE COUNTERPARTY KEEPS SEPARATE FROM ITS OWN OPERATING FUNDS MAY NOT BE SAFE FROM THE CLAIMS OF OTHER GENERAL AND PRIORITY CREDITORS.

 

THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.

 

MANAGED ACCOUNTS MAY BE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES AND THE ACCOUNT MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETING OR EXHAUSTING ITS ASSETS.  THE DISCLOSURE DOCUMENT CONTAINS A COMPLETE DESCRIPTION OF EACH FEE TO BE CHARGED TO YOUR ACCOUNT BY THE ACCOUNT MANAGER.

 

THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND SIGNIFICANT ASPECTS OF THE FOREX MARKETS.  THEREFORE, YOU SHOULD CAREFULLY REVIEW THIS DISCLOSURE DOCUMENT BEFORE YOU TRADE, INCLUDING THE DESCRIPTION OF THE PRINCIPAL RISK FACTORS OF THIS INVESTMENT. 

 

You are encouraged to access the disclosure document AND/OR MANAGEMENT AGREEMENT by clicking the links provided AT Forms.altavra.com. You will not incur any additional charges by accessing the documents. You may also request delivery of a hard copy at formsbymail.altavra.com, which will also be provided to you at no additional cost.  the CFTC has not passed upon the merits of participating in any of these trading programs nor on the adequacy or accuracy of any of these disclosure documents OR MANAGEMENT AGREEMENTS..

 

YOU SHOULD ALSO BE AWARE THAT THIS TRADING ADVISOR MAY ENGAGE IN TRANSACTIONS ON MARKETS LOCATED OUTSIDE THE UNITED STATES, THESE MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED PROTECTION. FURTHER, UNITED STATES REGULATORY AUTHORITIES MAY BE UNABLE TO COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN NON-UNITED STATES JURISDICTIONS WHERE YOUR TRANSACTIONS MAY BE EFFECTED. BEFORE YOU TRADE YOU SHOULD INQUIRE ABOUT ANY RULES RELEVANT TO YOUR PARTICULAR CONTEMPLATED TRANSACTIONS AND ASK THE FIRM WITH WHICH YOU INTEND TO TRADE FOR DETAILS ABOUT THE TYPES OF REDRESS AVAILABLE IN BOTH YOUR LOCAL AND OTHER RELEVANT JURISDICTIONS.  THE TRADING ADVISOR IS PROHIBITED BY LAW FROM ACCEPTING FUNDS IN THE TRADING ADVISOR’S NAME FROM A CLIENT FOR TRADING. YOU MUST PLACE ALL FUNDS FOR TRADING IN THIS TRADING PROGRAM DIRECTLY WITH A FUTURES COMMISSION MERCHANT.

 

THE FOLLOWING PERFORMANCE NUMBERS HAVE BEEN SUPPLIED BY THE MANAGERS DIRECTLY TO VARIOUS DATA COLLECTION SERVICES.  THE INFORMATION PRESENTED HAS BEEN OBTAINED FROM DATA COLLECTION SOURCES THAT ALTAVRA BELIEVES TO BE RELIABLE.  ALTAVRA IN NO WAY GUARANTEES THE ACCURACY OF THESE NUMBERS AND HAS SUPPLIED THEM FOR INFORMATIONAL PURPOSES ONLY.  ALTAVRA HAS NOT AND CANNOT VERIFY THE ACCURACY OF SUCH INFORMATION AND POTENTIAL INVESTORS SHOULD BE AWARE THAT SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE.  THIS DOES NOT CONSTITUTE A SOLICITATION TO BUY OR AN OFFER TO SELL.  Other disclosure statements are required to be provided before an account may be opened for you.

 

questions or COMMENTS:  please email clientservices@altavra.com or call 1-800-998-7870.

 

Peregrine Financial Group, Inc may act as counterparty to your forex transactions.  Past performance is not necessarily indicative of future results.   There are substantial risks associated with leveraged products and additional risks with off-exchange transactions such as those in this managed forex account program. 

 

The descriptions above are from the managed futures / forex database.

Disclosure Statement