1. 1st Crypto Asset Manager
piloting trading bots

2. Trading forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail and professional clients. Due to the certain restrictions imposed by the local law and regulation, German resident retail client(s) could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products, carefully consider your financial situation and experience level. Any opinions, news, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

3. The above speaker is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FXCM is an independent legal entity and is not affiliated with NapoleonX. FXCM does not endorse any product or service of the NapoleonX. Nothing associated with this presentation shall be considered a solicitation to buy or an offer to sell any product or service to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the laws or regulations of such jurisdiction.

4. Napoleon: one stone, three birds …
Napoleon Capital
Open source quant strategies factory
NaPoleonX project
1st crypto asset manager
Napoleon Index
1st blockchain index publisher

5. 3 2 1 Keeping our options open … Generate sustainable performance
Step one 2
Design & build necessary tools to support it
Step two 3
Monetization
Step three

6. Napoleon Capital
WHAT?
CUSTOMERS?
WHY?
HOW?
Design and management of systematic trading strategies
Open source model
Performance based remuneration
2 existing advisory mandates for 55m EUR
Target investors: family offices, wealth management and institutional investors
Quantitative trading is one of the few growing markets in asset management
Become a leading brand in quantitative trading
1st stage: constitute a strong shareholders’ team
Develop an ecosystem to attract external trading talents

7. NapoleonX project 1st crypto asset manager
WHAT?
CUSTOMERS?
WHY?
HOW?
1st crypto asset manager
Design and management of trading bots
Project lead by experienced team
French based project
1st stage: crypto holders, family offices and wealth management clients
2nd stage: large financial institutions
Create the new Blackrock in crypto
Design crypto products that will offer a yield in crypto
1st stage: set up the asset management company (NapoleonX project)
2nd stage: launch of a series of investment vehicles (DAFs)

8. Why quantitative finance?
To remove human emotions …

9. Why quantitative finance?
… and take into account weak signals and influential parameters

10. Napoleon Capital “Factory”
Our unique concept?
Napoleon Capital “Factory”
Trading boxes
Equity index:
S&P 500
Eurostoxx 50
FTSE 100
FTSE EPRA
HSI
SMI
Nikkei 225
FICC:
Tbond
Bund
OAT
BTP
FX:
EUR
USD
GBP
JPY
Commo:
Gold
GSCI
Traditional investment
universe
Transformed investment universe

11. What is quantitative finance ?
Finance theory
Market observations
Behavioural finance
Define a rule book
Features selection
Backtesting of strategy
Training / test data sets

12. Trend following vs mean reversal ?
Trend following strategies are based on auto correlation of data series
Mean reversal strategies are based on volatility of data series
There is not one single way to make money in markets

13. Our approach at Napoleon Capital
Markets are not random and display regular patterns
Markets are fundamentally unstable
There is a need for auto-adaptative measures to define trading systems

14. What data should you use ?
Price data
Derived financial data (Moving average, oscillators, implicit volatility …)
Economic indicators
Sentiment data
Cross market data

15. What are the main characteristics of a good trading system ?
Data quality
Raw trading signals
Filtering system
Money management

16. How to judge a good trading system ?
Stability of returns regardless of market conditions
Risk / reward measures
Max drawdown
Complementarities with other trading systems (portfolio approach)

17. Trading forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail and professional clients. Due to the certain restrictions imposed by the local law and regulation, German resident retail client(s) could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products, carefully consider your financial situation and experience level. Any opinions, news, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

18. The above speaker is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FXCM is an independent legal entity and is not affiliated with NapoleonX. FXCM does not endorse any product or service of the NapoleonX. Nothing associated with this presentation shall be considered a solicitation to buy or an offer to sell any product or service to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the laws or regulations of such jurisdiction.

19. Visit napoleonx.ai to find out more information
MANY THANKS
Visit napoleonx.ai to find out more information