•Directional Trading
Limited was formed on 24th November
2005. Proprietary capital was allocated to start taking positions in the
foreign exchange markets as of January 2006. Three FX programs
Fundamental, Technical and Diversified have been traded since that date.
•In March 2007,
Directional Trading
became a trading name of Providentia Capital LLP, a UK fund management
company authorised and regulated by the Financial Services Authority.
Programs have subsequently been open to outside investors.
Since 21st January 2008,
Directional Trading Limited has been a UK fund
management company authorised and regulated by the Financial Services
Authority.
Emmanuel Acar is the director of
Directional Trading
Limited and 100% shareholder. He has researched the foreign exchange
and futures markets since 1990 mostly on the trading side. He worked
for almost sixteen years in FX dealing rooms. At Bank of America, he
headed the London Risk Management Advisory desk. Prior to this,
Emmanuel worked at Citibank within the FX Engineering Group. He was a
proprietary trader and portfolio manager for close to ten years at
Dresdner Kleinwort Benson, BZW and BNP's London Branch. He combines
his trading experience with a PhD from City University in London, on
the stochastic properties of trading rules. He also qualified as an
Actuary in France. Emmanuel has been active in the development of
proprietary trading models since 1990, some of which have been
published in Journals or Magazines. Mr Acar's other interests are in
designing hedging strategies, performance measurement, trading style
analysis, modelling time series, market timing and asset allocation
studies.
Full
CV