About ZTB
ZTB Capital is a quantitative hedge fund leveraging proprietary AI-driven technology and data-intensive research to capture profitable opportunities with precision.
Backed by over five decades of combined experience, our team of traders, researchers, and developers designs scalable, sustainable, and uncorrelated absolute return strategies.
Regulated by the British Virgin Islands financial services commission, we are committed to delivering consistent, superior performance across diverse market conditions.
Our Story
ZTB Capital Ltd was founded in 2015, with a focus on advanced quantitative investment
strategy research rooted in artificial intelligence and machine learning. Our early years
were dedicated to proprietary research, model development, and extensive system testing,
establishing the foundation for today’s disciplined, data-driven investment framework.
In 2023, we launched our flagship vehicle, the ZTB Quantum Fund, seeded with proprietary
capital. This demonstrated our alignment with investors and conviction in the robustness
of our strategies. Since inception, the fund has generated consistently positive monthly
net performance, with no drawdown periods recorded. This track record reflects the
strength of our proprietary methodology, the robustness of our risk management framework,
and the ability to generate attractive risk-adjusted returns that are uncorrelated to
traditional asset classes.
Led by Chief Executive Officer Oliver Grant and supported by a management team with over
five decades of combined experience in quantitative investment management, We continue to
evolve our models through a deep commitment to artificial intelligence and machine learning.
This expertise positions our firm to deliver durable value and persistent alpha into the future.
Our Strategy
Systematic Futures
The ZTB Quantum Fund employs a systematic Commodity Trading Advisor (CTA) strategy focused on highly liquid futures contracts in commodities and major currency pairs. The strategy is intraday in nature and designed to profit from the existence of short-term price trends in futures markets, while also capitalizing on momentum shifts, mean-reversion dynamics, and volatility regimes. By taking both long and short positions, the fund is positioned to benefit from rising as well as falling markets.
Our proprietary models integrate deep learning, supervised learning, and reinforcement learning techniques, combining high-frequency data with extended historical time series to identify recurring intraday structures and order flow imbalances. This dual perspective enables the models to adapt across diverse market environments and exploit inefficiencies not apparent through conventional approaches.
Execution is fully systematic, utilizing leading futures exchanges to ensure optimal liquidity and minimal transaction costs, while human oversight contributes to ongoing research, model development, and robust risk management. Profitability is generated by systematically capturing transient opportunities in liquid futures markets, compounded through disciplined position sizing and intraday risk controls.
Strategic Protection
At ZTB Capital, risk management is not an afterthought but a cornerstone of our investment
philosophy. Every aspect of our systematic strategy is built with rigorous controls to ensure
capital protection, sustainable performance, and investor confidence. As a regulated entity
under the British Virgin Islands Financial Services Commission, we operate under strict
oversight and established procedures that safeguard investors at every level.
We demonstrate true alignment by committing proprietary capital alongside our clients, reinforcing
that the safety of assets under management is paramount. Trading is conducted exclusively through
regulated venues with deep liquidity, ensuring transparent execution and minimized counterparty risk.
Assets are held with regulated and insured custodians, with strict segregation from corporate operations.
Our framework encompasses market risk controls, operational safeguards, compliance oversight, and
automated trading risk monitoring. Intraday positions are protected through tight stop-loss
mechanisms and proven risk-reward modelling, ensuring losses are contained and capital is preserved.
This multi-layered approach integrates governance with quantitative innovation, delivering not only
performance but also peace of mind, with investor capital managed to the highest standards of safety
and sustainability.
Our Philosophy
Our philosophy is rooted in the pursuit of excellence as a top-performing investment manager,
delivering market-leading, uncorrelated returns that allow our investors to diversify portfolios
and achieve their long-term financial objectives. We believe in prioritizing transparency and
open communication, keeping investors informed through regular updates on performance and the
wider market environment.
Our commitment to the success of our investors is unwavering, and we seek to build lasting
relationships founded on trust and mutual respect. By developing proprietary infrastructure
and fostering a team of experts who embody these values, we ensure enduring value and sustainable
performance.
Our Mission
Our mission at ZTB Capital is to remain a top-performing investment manager by delivering
market-leading, uncorrelated returns that enable our investors to diversify their portfolios
and achieve their long-term objectives. We are dedicated to building a team of experts who
share our values of integrity, discipline, and innovation.
Together, we focus on developing and advancing the proprietary infrastructure and research
capabilities that power our strategies. By combining expertise with cutting-edge technology,
we seek to provide lasting value and sustainable performance for our investors.
Sustained Long Term Growth
Outperforming Traditional
Investment Vehicles
Positive Performance
Irrespective of Market Cycles
ZTB's TRADEABLE ASSET UNIVERSE
Our fund systematically trades the leading opportunities across global commodities and currencies.
-
CurrenciesEUR/USD
-
CurrenciesUSD/CNH
-
CommoditiesCrude Oil (WTI)
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CurrenciesUSD/HKD
-
CurrenciesUSD/JPY
-
CurrenciesGBP/USD
-
CommoditiesBrent Crude Oil
-
CurrenciesBTC/USDT
-
CommoditiesNatural Gas
-
CurrenciesAUD/USD
-
CommoditiesGasoline (RBOB)
-
CurrenciesUSD/CAD
-
CurrenciesUSD/CHF
-
CommoditiesHeating Oil
-
CurrenciesNZD/USDs
-
CommoditiesGold
-
CurrenciesEUR/JPY
-
CurrenciesGBP/JPY
-
CommoditiesSilver
-
CommoditiesCopper
-
CurrenciesEUR/CHF
-
CommoditiesCorn
-
CommoditiesSoybeans
-
CurrenciesAUD/JPY
-
CurrenciesETH/USDT
-
CurrenciesBTC/USDT
-
CurrenciesBTC/USDT
Our Leadership
ZTB's management team is composed of highly experienced individuals who bring a wealth of theoretical and practical knowledge to the firm. This core is complemented by dozens of other talented and experienced team members heading critical operating areas of the firm, providing improvement and continuity as we build towards the next decade of operation.
Oliver Grant Chief Executive Officer
Aaron Levine Chief Investment Officer
Ben Rosenfield Head of Execution
Our Team Has
60%+
Quantitative researchers who hold a PhD
As of December 2024
90%+
Quantitative researchers who hold an advanced degree
60%+
Research and engineering function heads who achieved their positions within 10 years of graduating university
FAQs
Yes. ZTB Capital Ltd is regulated by the British Virgin Islands Financial
Services Commission (BVI FSC). We operate under the Securities and
Investment Business Act (SIBA) and related regulations, which ensure that
we adhere to required standards of conduct, investor protection,
compliance, and transparency. Regulatory oversight imposes obligations
such as anti-money laundering (AML) and know-your-client (KYC) checks,
custodial and segregation requirements, and periodic reporting. Being
fully regulated means you can entrust us with your investment with
confidence in our adherence to legal and industry best practices.
Account setup at ZTB Capital is designed to be efficient while meeting
all regulatory and compliance requirements. Once we receive a completed
application and the necessary documentation for investor due diligence,
the onboarding process typically takes 5 to 10 business days. Our team
works closely with each investor to ensure a smooth and transparent
process, keeping you informed at every step.
Daily returns net of fees are credited into investor accounts at the end
of each trading day.
Please note that markets are closed on weekends and bank holidays; hence,
no returns should be
expected on such days.
The ZTB Quantum fund is available to residents of most countries
except China, Pakistan, Saudi Arabia, Tunisia, and Bolivia.
Yes, we compound all investor accounts on the first week of each calendar
month.
Yes. As is standard in systematic futures and currency strategies, ZTB
Capital employs leverage in a disciplined and controlled manner to
enhance capital efficiency. Typical gross notional exposure ranges from
2x to 4x fund equity, depending on market conditions, liquidity, and the
diversification of signals across asset classes. All use of leverage is
governed by rigorous quantitative risk models, with position sizing and
margin utilization dynamically adjusted to ensure exposures remain within
predefined drawdown and volatility limits. This controlled application of
leverage, combined with tight stop-loss protocols and advanced risk-reward modeling,
allows us to capture opportunities across liquid markets while safeguarding investor capital.
ZTB Capital is committed to transparency and keeping our investors informed.
We provide regular performance reports, market commentary, and fund updates
directly via secure email communication. Investors receive detailed monthly
performance summaries, including net returns, risk metrics, and relevant
insights into the broader market environment. In addition, comprehensive
audited performance reports are distributed to all investors annually.
Investors also have access to a dedicated investor portal, where they can monitor performance, track account growth, and view historical statements at their convenience. Our team remains available to address any questions and to ensure that investors are kept fully informed about both fund performance and market developments.
Investors also have access to a dedicated investor portal, where they can monitor performance, track account growth, and view historical statements at their convenience. Our team remains available to address any questions and to ensure that investors are kept fully informed about both fund performance and market developments.
We only charge you money when we make you money. These charges amount to
10% of
your monthly returns and are billed before returns are credited into your
account daily.
This performance fee allows us to run a profit and also build up the cash reserves required to maintain, update, and upgrade our technological infrastructure. We have no other fees.
This performance fee allows us to run a profit and also build up the cash reserves required to maintain, update, and upgrade our technological infrastructure. We have no other fees.
ZTB Capital does not provide individualized tax advice. As we accept
investors globally, each investor’s tax obligations will depend on their
country of residence, personal circumstances, and applicable international
tax treaties. Investors are responsible for reporting income or gains
derived from their investment in accordance with the tax laws of their
jurisdiction.
The fund provides investors with the necessary account statements and documentation to support tax reporting. We strongly recommend that all investors consult with a qualified tax advisor in their home country to ensure compliance with local tax regulations and to optimize their individual tax position.
The fund provides investors with the necessary account statements and documentation to support tax reporting. We strongly recommend that all investors consult with a qualified tax advisor in their home country to ensure compliance with local tax regulations and to optimize their individual tax position.
No. ZTB Capital does not impose a lock-up period. We operate highly liquid strategies that trade only
in the most liquid futures and currency markets, which allows us to offer investors flexibility
and accessibility. Subscriptions and redemptions can be made at any time, subject to standard
operational cut-off times for processing. This means investors are free to add capital or withdraw
funds in line with their needs, without restrictions. We believe this liquidity is an important
feature of our offering and aligns with our philosophy of transparency, flexibility, and investor
alignment.
Our data centres are certified for Information Security Management Standards
and operate with multiple layers of security, virtualised environments, and
secure encryption. Microsoft, our network host, actively mitigates DDoS
(Distributed Denial of Service) attacks and performs regular penetration
testing.
We are registered with the office of the information commissioner and we will obtain, process, store, use, and retain your personal data in accordance with the applicable data protection legislation.
We are registered with the office of the information commissioner and we will obtain, process, store, use, and retain your personal data in accordance with the applicable data protection legislation.
If you would like your account closed and your personal data deleted, please
send a request to
dataprivacy@ztb.capital
and we would be
happy to do so.
Yes. To safeguard performance and maintain the integrity of our trading models, ZTB Capital
currently caps total invested capital at USD 15 million. This capacity discipline ensures
that our strategies continue to operate efficiently, without dilution of alpha or slippage
that can occur when trading volumes grow disproportionately relative to market liquidity.
We believe this approach reflects our commitment to prioritizing investor returns over
asset gathering. The cap will be reviewed as our infrastructure, strategy capacity,
and market coverage expand.
Our strategy combines the discipline of a systematic CTA with the innovation of artificial intelligence
and machine learning. Unlike traditional approaches, we deploy deep learning, supervised learning, and
reinforcement learning models to identify short-term price trends across the most liquid futures and
currency markets. This proprietary technology is supported by supercomputing power and over five
decades of combined quantitative investment experience within our team.
What sets us apart is the integration of advanced algorithms with rigorous risk management and continuous human oversight — researchers, traders, and developers working together to refine and adapt our models. We trade only in highly liquid, regulated markets, ensuring scalability and sustainability. Our proprietary capital is invested alongside our clients, aligning our success directly with theirs. This blend of cutting-edge technology, proven methodology, and investor alignment enables us to deliver consistent, uncorrelated, and risk-adjusted returns across diverse market conditions.
What sets us apart is the integration of advanced algorithms with rigorous risk management and continuous human oversight — researchers, traders, and developers working together to refine and adapt our models. We trade only in highly liquid, regulated markets, ensuring scalability and sustainability. Our proprietary capital is invested alongside our clients, aligning our success directly with theirs. This blend of cutting-edge technology, proven methodology, and investor alignment enables us to deliver consistent, uncorrelated, and risk-adjusted returns across diverse market conditions.