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Algorithmic currency trading firm Leman Capital Management announced today that it has delivered a solid first-half performance, after reporting a 34.6 percent return for the first six months of 2016.
The results mark the continuation of a strong trend reflecting the successful application of the company’s Quant Fund currency trading strategies. The company had set record profits in 2015, earning a 62 percent return and outpacing 99 percent of quantitative asset management firms for the third consecutive year at a time when most funds recorded losses.
The trend has continued into 2016, with June marking the six consecutive months of positive ... (read more)