LONDON, October 11, 2018 /PRNewswire/ --
The company's objective to provide exceptional traders with capital is paying off
Initiated this past June, DeltaTrader program is a collaboration between Amana Capital and 514 Capital Partners to empower Amana Capital's best-performing clients to trade with up to $1,000,000 of capital.
The program has been met with enthusiasm. During the first round of the DeltaTrader program, among hundreds of participants, a total of four traders have proven their ability to meet the pre-set evaluation metrics through a disciplined approach to the market. Their exceptional risk-adjusted performance enables each winner to manage an account funded with $100,000 provided by 514 Capital Partners. The winners will get the opportunity to continue trading professionally and earn 20% of the profits they achieve on the allocated trading capital.
The winners during the first round of the competition are:
- Sara Bin Sheeha
- AbdulMohsen AlNafisah
- Asim Ahmed Al Ghazali
- Ali Eid Abdullah Al Mutairi
Amana Capital is enabling its clients to participate in a unique competition which promotes sustainable and responsible trading. The firm is approaching a key challenge for traders - maintaining a disciplined approach towards the market.
The CEO of Amana Capital, Ahmad Khatib, said: "Our collaboration with 514 Capital Partners has proven the value of DeltaTrader to the community. A disciplined approach and proactive risk management is beneficial not only for our customers but also for the long term sustainability of the retail trading industry.
"By empowering the best traders, we are delivering to our customers not only a unique experience, but also an opportunity to develop their trading skills professionally. We are looking towards the next round of the DeltaTrader competition and thank our trading community for their participation in the first round of the program."
The next round of the DeltaTrader program will be announced soon. Up to 10 traders which meet the preset risk-adjusted performance criteria set out by 514 Capital Partners will qualify to manage each an account of $100,000.
About Amana Capital
Amana Capital (amanacapital.com), a member of 180 Capital (180cap.com ), is a specialist in online trading providing institutional and retail clients around the world direct access to the global financial markets. Amana Capital services clients in over 80 countries. Subsidiaries are regulated by the FCA, DFSA, CySEC, BDL, and LFSA. Amana Capital is a member of 180 Capital.
About 514 Capital Partners
514 Capital Partners (514capital.com), a member of 180 Capital (180cap.com ), is an asset manager that applies a quantitative approach to investment management. The firm designs systematic trading strategies to identify and exploit trends in major global financial markets. 514 Capital Partners is a member of 180 Capital.
SOURCE Amana Capital