Bit Capital Arbitrage, Inc. Outperforms Market in Third Quarter

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Bit Capital Arbitrage, Inc. announced double-digit returns using proprietary trading algorithms as well as expansion of operations to South America and Asia.

Our year-to-date returns are in the double-digits, primarily due to our proprietary trading algorithms.

Bit Capital Arbitrage, Inc. announced this week that it not only outperformed the market in both 2011 and for the first three quarters of 2012, but it also outperformed its own results from 2011.

So, while a recent hedge fund report released by Goldman Sachs revealed that hedge fund trends and results are not encouraging for the industry as a whole, Bit Capital Arbitrage seems to be bucking the trend.

“Our year-to-date returns are in the double-digits,” Dominic Gibbons, Chief Technology Officer for Bit Capital Arbitrage says. “This is primarily due to our proprietary trading algorithms.”

According to the recently-released Goldman Sachs report, the average hedge fund has returned only 4.6 percent this year so far, underperforming the benchmark S&P 500 index by more than seven percent; only 11 percent of managers were able to outperform the S&P 500; and mutual fund performance outweighed hedge funds.

“We really owe our financial success to these arbitrage algorithms that allow us to achieve these outstanding returns with very low risk,” William Harrison, General Manager for Bit Capital Arbitrage, says.

Bit Capital Arbitrage, Inc. uses computerized algorithms to analyze market data and to determine trading strategy within fractions of second to a few hours. It builds its own, in-house proprietary trading software and captures arbitrage opportunities in markets around the world.

“So, when you combine our software with our high-frequency trading expertise, the results are powerful profits in volatile markets; that’s just the bottom line,” Harrison says.

And, the company continues to grow. During that past few months it has expanded its high-frequency trading to South America and Asia.

About Bit Capital Arbitrage, Inc.

Founded in 2008, Bit Capital Arbitrage, Inc. is a private high-frequency trading investment company. It is led by a professional team of financial software engineers and quantitative analysts.

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Linda Bernstein
Bit Capital Arbitrage, Inc.
(+507) 838-5005
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