We're looking for exceptional
Pod Managers
Pod Managers
Do you have a proven model for identifying market signals in the crypto space?
Join our team and manage a part of our Diversified Alpha fund. Whether you're a seasoned trader, already managing a fund or a new talent with a robust model, we want to hear from you.
Join our team and manage a part of our Diversified Alpha fund. Whether you're a seasoned trader, already managing a fund or a new talent with a robust model, we want to hear from you.
Benefits of trading for Nickel's Diversified Alpha fund:
Transparent Payout Agreements: Enjoy clear, performance-linked payouts that reward the highest risk-adjusted returns.
Progressive Payout Rates: Earn progressively higher performance shares for delivering superior Sortino ratio returns.
Protected Alpha: Legal guarantee against copy-trading you; no central book.
Full Independence: Operate fully remotely with complete independence.
Economies of Scale: Low fixed costs make high-return strategies financially viable.
Ownership of IP: Retain ownership of your intellectual property and track record, with value accruing directly to you.
Quick Start: Begin trading a test allocation within days of meeting us.
Clear Scaling Roadmap: Agree on a scaling plan in the first few weeks to maximise your trading value.
Top-Tier Execution Tools: Access a fast, reliable suite of execution algorithms on our optimised infrastructure, supported by our tech team.
Wide Range of Venues: Trade on 15 supported venues, with the ability to add more within weeks.
Comprehensive Risk Management: 24/7 risk monitoring systems, accessible to you at any time.
Experienced Team: Benefit from a top-tier team with extensive crypto trading experience ready to help you tackle any challenges.
What we are looking for in strategies:
We expect all of our strategies to annualise over 20% net of the fees we will pay you, when using optimal leverage (instrument-embedded and external).
We prioritise strategies with a Sharpe ratio of over 1.5. We have some tolerance for lower Sharpe if the strategy is idiosyncratic with low correlation to the rest of the portfolio.
All signal generation or trading must be systematic. No discretionary or screen-based trading.
We are particularly interested in strategies that avoid directional biases over the medium to long term and can be applied to any underlying asset. While strategies don’t need to be strictly market neutral, we value those with high Sharpe ratios and short-to-medium term trading that operate within well-defined risk limits. We set higher risk limits for strategies with well-diversified exposures across various assets and a strong, balanced PnL distribution.
We favor higher frequency trading that generates a statistically significant trading dataset quickly, allowing for faster capital allocation ramp-up. The higher your volumes, the more valuable your strategy is to us too
While we fund many high-octane, low-capacity strategies (<$5M), our preference is for larger allocations when fully scaled. If you are unsure of your capacity, we will help you map it out.
Most of our trading takes place at the top 5 venues for spot and derivatives globally. We support 15 venues worldwide, with the list continuing to grow. We do not trade on third-tier exchanges due to credit-risk concerns.
Interested? Please fill in the form below and we will be in touch!
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