MCD Capital
Multi-Strategy Systematic Advisors
MCD Capital Ltd (FRN: 1014764) is an appointed representative of Thornbridge Investment Management LLP (FRN: 713859), which is authorised and regulated by the Financial Conduct Authority.​​
Group Origins
MCD Capital was founded in 2021 as a university investment club focused on systematic trading research in derivatives. The team, composed of Doctorate, Bachelor's, and Master's students from top UK universities, brought together diverse disciplines like Quantum Physics, Computer Science, and Finance. After months of testing, the group pooled capital and began live trading in February 2022, specializing in NYSE and CME Options and Futures.​
In 2022, we formed a board of advisors including experienced industry professionals to ensure robust risk management and strategic decisions. By 2023, we partnered with proprietary trading firms and institutional investors, growing our managed capital from $1M to over $20M by 2024. As an appointed representative of Thornbridge Investment Management LLP, we now manage an eight-figure portfolio, focusing on scalable alpha generation across diverse asset classes.
Firm Philosophy
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MCD Capital focuses on finding short term inefficiencies, exploiting them systematically over time by building a decorrelated and complementary portfolio consisted of 2 trading styles.
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The firm is organised in 2 strategy books, each book specialises in different assets, research & trading styles. The first being the “Delta” Multi-Day (slow) book which trades CME Option synthetic combinations with discretionary execution supported by a quantitative framework, and the Intraday (fast) is the “Quant” book specialising in statistical arbitrage and trend-following algorithmic strategies on CME Futures & NYSE equities.
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The fund strategy is comprised of 2 complementary trading books. Using margin-based allocation is a critical component of our strategy. Each alpha within our portfolio has its own capacity limitations, merging the books and using the “fast book” as an alpha machine allows us to scale as a whole by diversifying allocations rather than merely increasing position sizes.
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Our goal is to minimize annualized volatility and maximize our Sharpe ratio, targeting an inter-strategy correlation of -0.20 to 0.20, this target ratio is key as each book can offset each others losses without hurting their gains ensuring a smoothed out performance curve of the overall portfolio. This approach enables adaptation to fast changing market conditions, with different strategies underperforming or outperforming as the market evolves, ensuring continuous trading opportunities and minimizing inactivity periods. Allocations are re-evaluated bi-weekly based on current market volatility and trends.
OUR PARTNERS
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LEGAL DISCLOSURES
MCD Capital Ltd (FRN: 1014764) is an appointed representative of Thornbridge Investment Management LLP (FRN: 713859), which is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom. This document is intended for 'professional clients' or 'eligible counterparties' as defined by FCA rules and is strictly confidential. The materials herein are not for distribution in the United States or to U.S. persons. Investing involves risk, including potential loss of principal. Information is current as of the date of this material and reflects MCD Capital Ltd’s opinions in good faith, subject to change without notice.
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This material does not take into account an individual's particular investment objectives, financial situations, or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. MCD Capital offers a broad range of investment advisory (including financial planning) and other services. There are important differences between investment management and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. Investors should consider the investment objective, risks, charges and expenses of the Strategy carefully before investing.
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Prospective investors and purchaser representatives are urged to request any additional information they may consider necessary in making an informed investment decision. We will make available to each prospective investor and his purchaser representative, if any, the opportunity to ask questions of, and receive answers from, us or a person acting on our behalf concerning the terms and conditions of this offering or any other relevant matters. We will respond with any additional information necessary to verify the accuracy of the information set forth in this memorandum to the extent that we possess such information or can acquire it without unreasonable effort or expense. UNCERTAINTY exists as to whether or not the firms assets can be profitable over next 12 months, thereby making an investment with MCD Capital LTD. is speculative. Note, Past returns do not guarantee future performance. Investing on Financial Markets, uncertainty is constant and the value of the companies assets under management as well as the shares offered herein can be subject to decreases in value due to market movements. An investor may get back less than the amount invested. Information on past performance, where given, is not necessarily a guide to future performance.
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This document contains certain forward-looking statements that involve risks and uncertainties, including, in particular, those regarding the ability of the strategy to achieve expected performance targets from its investments and to continue to meet its future operating obligations. Other factors that could cause or contribute to such risks and uncertainties include, but are not limited to, a Fund’s ability to meet its targeted level of overhead expenditure, changes in general economic and business conditions, unanticipated effects of competition, changes in technology and methods of marketing, and various other factors beyond the control of ARBAM or the Fund. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.
FUTURES AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISKS. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS AND IN ORDER TO INVEST IN THE COMPANY. DO NOT TRADE OR INVEST WITH MONEY YOU CAN’T AFFORD TO LOSE. THIS DOCUMENT AND ITS CONTENTS ARE NEITHER A SOLICITATION NOR AN OFFER TO BUY OR SELL FUTURES, STOCKS OR OPTIONS ON THE FUTURES OR OPTIONS MARKETS. . THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.