Molinero Capital Management LLP Need help with terms? United States Type: Commodity Trading Advisor (CTA) Registrations: NFA ID: 392936 Program Past 12 Months Dec 2019 CAROR WDD AUM Min Inv Visits Briarwood Molinero Combined Futures Program 3.66 -25.18 $ 1,500k 5924 Global Markets Program 1.02 -0.92 2.41 -34.31 $ 1k $ 2,000k 20752 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. CTA Introduction We employ quantitative algorithms derived from mathematics and physics such as digital signal processing and noise reduction techniques. The algorithms decompose market price series into a complex sum of individual linear and non-linear components representing both market “signal” and “noise”. After extracting noise, models statistically project the highest probability directional move. Trade duration is adaptive and reflects the market’s estimated frequency. A variety of risk management techniques are imbedded in the models including active stop losses which attempt to mitigate downside risk. The strategy’s diversified portfolio comprises futures and forwards in currencies, interest rates, equities and commodities.