ELIWISE CAPITAL

PROPRIETARY SYSTEMATIC TRADING

Research-led.
Systematically executed.

Eliwise Capital develops and operates medium-frequency quantitative strategies across commodity and digital asset markets.

Explore our strategies

01 / About

A quantitative
trading firm.

Eliwise Capital focuses on medium-frequency systematic trading across commodity and digital asset markets. We develop and operate multiple quantitative strategies within a common research and trading framework.

Our work connects quantitative research, strategy development and live trading. We study market behaviour, translate research into defined trading rules, and use technology to put those rules into practice.

02 / Markets

Our markets

Commodities

Commodity markets are shaped by supply and demand, inventory cycles and broader economic conditions. We study price behaviour and relationships across these markets to develop medium-frequency quantitative strategies.

Digital Assets

Digital asset markets combine continuous trading with evolving technology and market structure. Our research examines price behaviour, liquidity and relationships between assets to inform medium-frequency systematic strategies.

03 / Strategies

Medium-frequency strategies

Four perspectives on systematic trading.

Following persistent price moves

Direction persists; signals adapt.

Trend & Momentum: conceptual illustrationAn illustrative price rises, then falls. A slower trend signal follows the changing direction with a lag. Both upward and downward trends are shown; this is not a return chart.
  • Price
  • Trend signal

  1. Observe direction

    Identify sustained moves through systematic signals.

  2. Adapt as it changes

    Reassess exposure as the direction evolves.

Strategies that follow sustained price moves or relative strength, using systematic signals to establish and adjust positions as market direction evolves.

A deviation from a reference level

Deviation can narrow — or persist.

Mean Reversion: conceptual illustrationA price moves away from a central reference level and later returns closer to it. A vertical guide measures the changing distance. The return is an illustration, not a guaranteed outcome.
  • Price
  • Reference level

  1. Measure the deviation

    Compare price with a statistical reference.

  2. Assess the return

    Monitor whether the departure begins to narrow.

Strategies that identify temporary departures from a statistical reference level and position for a potential return towards more typical pricing relationships.

A relationship, not a single price

Focus on the gap between related markets.

Relative Value: conceptual illustrationTwo illustrative instruments, indexed to a common starting level, diverge and then converge. A lower spread plot measures their difference against zero. Convergence is one possible outcome, not a certainty.
  • Instrument A
  • Instrument B
  • A − B spread

  1. Compare related markets

    Measure the spread between linked instruments.

  2. Track the relationship

    Assess convergence and changes in each component.

Strategies that compare related instruments or contracts, focusing on changes in their price relationships and spreads, with attention to the behaviour of each component.

The economics of holding a position

Carry can be positive or negative.

Carry: conceptual illustrationTwo separate illustrations: a term-structure curve across maturities, and positive and negative holding-related cash flows over time. Income and costs are both shown. Neither diagram represents total return.
  • Term structure
  • Holding income
  • Holding costs

  1. Read the structure

    Compare pricing across maturities and related instruments.

  2. Assess net carry

    Weigh holding income against financing and other costs.

Strategies that assess the income and costs associated with holding positions, including term structure and funding conditions, alongside market exposure and implementation costs.

Illustrative market behaviour. Not actual trading data or performance.

04 / Contact

ELIWISE CAPITAL

Office

London, United Kingdom

General enquiries