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Evidence over intuition
Every strategy must prove itself out-of-sample, across regimes it was never fitted to, before it is entrusted with capital.
ATARAX CAPITAL
Systematic Macro InvestmentsA private quantitative trading firm building uncorrelated, systematically validated strategies across global futures markets. Engineered for consistency, governed by risk.
a·ta·rax·i·a a lucid calm, undisturbed by turbulence. We trade systems, not sentiment.
01Approach
Discipline is the strategy.
Three principles govern every decision before any capital is committed.
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Risk before return
Stops, drawdown limits, position sizing and a kill-switch are designed first. Return is simply what remains after risk is controlled.
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Composure by design
Execution is fully automated and rules-based. Emotion is removed from the loop, so the system acts the same on every bar.
02Strategy
A portfolio, not a position.
We combine low-correlation systematic edges across liquid futures, spanning equity indices and metals, and size them by risk parity, so no single market or regime dictates the outcome. The whole is steadier than any part.
03Process
Institutional rigor, end to end.
iWalk-forward validationParameters are re-optimized on the past and tested only on the unseen future.
iiOut-of-sample testingIn-sample results are treated as optimistic until proven forward.
iiiInter-market & regime filtersTrades are gated by cross-market context and volatility regime.
ivRisk-parity allocationCapital is balanced so each strategy contributes equal risk.
vAutomated, monitored execution24/7 with alerts, daily reporting and a manual kill-switch.
Global
Futures markets
~2.6
Out-of-sample Sharpe
(research)
(research)
Multi
Uncorrelated strategies
24/7
Automated & monitored
04About
Quantitative. Patient. Calm.
Atarax is named for ataraxia, a lucid calm that turbulence cannot reach. It is an independent systematic trading practice, established in 2025 and based in Paris.
It exists to build a system good enough to compound capital on its own, refined to a craftsman's standard, so that in time it earns freedom of time, place, and attention.
The method is deliberately unglamorous. Nothing is traded until it survives data it was never fitted to. Risk and cost are settled before a position exists, and execution is automated so no decision is left to the heat of the moment. The aim is not to predict markets, and not to win today, but to compound a small, protected edge with composure.