Strategies
Gyrfalcon Trading LLC trades only its own capital. This page describes the areas we work in at a high level; it is not a description of any product or service.
Event contracts
A contract that pays if something happens is a price on an outcome. We study how these prices absorb new public information, and we trade selectively.
Market making
In selected markets we post two-sided quotes. Spreads, sizes, and inventory limits are set in advance and enforced by our systems.
Weather and alternative data
A weather forecast is a public estimate that ends in a measurement. We build statistical models from forecasts and other data, test them out of sample, and retire the ones that stop working.
Systematic equities and options (research)
We are researching rules-based strategies in listed US equities and options. Each is defined in full and tested on history before any capital is committed.
How we work
- Patience is a position. Often the right trade is no trade.
- Limits come first. Risk limits are written in code and enforced automatically.
- The firm is the only account. We trade our own capital. We have no clients and no outside investors.