NEW YORK, July 31, 2014 (GLOBE NEWSWIRE) -- As of August 1, 2014, the following change will be implemented in respect of the Quest Tracker Index ("QTI") composition and methodology: the Session Opening Time for the three grain futures contracts traded on the Chicago Board of Trade ("CBOT") by QTI (corn, soybeans, wheat) will change from 10:30am EST to 9:30am EST. The new trading hours will mirror those of the CBOT and provide additional liquidity to QTI.
In addition, the QTI Index Committee will now be composed of Paul Czkwianianc and Darren Johnston of Quest Partners LLC ("Quest"), Head of Research and Chief Operating Officer respectively, as well as Dr. Ajay Dravid and Dr. Rufus Rankin of Equinox Fund Management LLC, Managing Director of Portfolio Strategy and Director of Portfolio Management respectively.
QTI is designed to track generally the performance generated by the broad class of managed futures strategies employed by most trend-following CTA's and to match on a risk-adjusted basis the performance of well-known CTA indices.
QTI's methodology is based upon systematic application of three trend following models that are applied once each trading day to all index component contracts. Depending on trading signals that result from the application of each model, the notional trading positions that comprise the QTI will be adjusted by generating notional "Market on Open" orders for each relevant market's open as they occur throughout the next trading day.
Live trading of QTI commenced in August 2011 and the index methodology was back-tested to January 2000. Since November 2011, QTI has been calculated by S&P Dow Jones Indices. "S&P Dow Jones Indices" is a service mark of Dow Jones Trademark Holdings LLC.
QTI employs one of the major classes of trading strategies used by trend-following CTAs for almost 50 years. QTI's systems generate signals on a daily basis diversified over three models: short-, medium- and long-term, and trade 47 different markets across four market sectors: commodities, equity indices, fixed income and foreign currencies.
Quest is a research driven alternative investment firm headquartered in New York. The firm was founded by Nigol Koulajian in 2001. Quest employs a quantitative trading process across multiple asset classes in over 50 liquid global markets including commodities, currencies, fixed income and equity indices. Distinct programs are designed to generate alpha, replicate CTA performance and/or hedge specific market risks. Clients include family offices, foundations, fund-of-funds and the world's largest pension plans. Quest is registered with the CFTC as a CTA and a CPO and is a member of the NFA.
P: 212-838-7222 www.questpartnersllc.com