Zone Capital is an Australian based fund manager established in 2005 dedicated to producing exceptional returns for our clients trading Foreign Exchange.

For most investors, Foreign Exchange is a relative new investment asset class, yet it offers greater liquidity than traditional markets, and is generally uncorrelated to the equity markets.

Zone Capital provides sophisticated¹ and institutional investors access to this market, either as a primary investment vehicle, or as a means to diversify risk from other asset classes.

Trading Approach

Zone Capital specializes in the design and operation of highly advanced automated programs that trade 24 hours a day, running from multiple servers world-wide. Individual trading decisions and the level of risk taken for each trade are automated within each system; however the capital allocation between each particular system is determined discretionarily on a periodic basis.

Zone Capital's trading approach utilizes specific skills of the principals in the:

• Analysis of virtually all tradable currency pairs and synthetics

• Development and implementation of world class mechanical trading systems in a highly secure manner

• Management of trading risk, such that returns are accelerated during profitable periods, while losses are contained during unprofitable times

• Proven track record of world class returns, maintaining strict downside risk controls

Trading is headed by Malcolm Morley, who has traded foreign exchange professionally in the UK, Canada and the USA, and has extensive treasury experience with some of the world's leading Banks. He has documented the success of this trading since December 2003*.  For details, please see our Track Record page

* This track record is for Futurestech Pty Ltd, a private trading company owned by Malcolm Morley for December 2003 until December 2006 and the Zone Trading Trust 1 thereafter

Scalability of Zone's Trading

Zone Capital's trading is highly scalable. Our systems typically monitor the markets every 5 minutes, 24 hours a day, and are designed to manage multiple accounts concurrently. Manual trading methodologies simply cannot compete with automated systems when dealing with 24 hour markets. Automated systems also do not suffer from psychological issues associated with increasing trade size.

Note 1: What is a 'Sophisticated Investor"?

A sophisticated Investor under Australian Law is conceptually similar to an Accredited Investor under the US Securities Act, however the Net Assets test under Australian Law is more stringent.  Prospective investors in Zone Capital must be regarded as a sophisticated investor as defined by the Australian Corporations Act.

A person is regarded as a sophisticated investor under the Australian Corporations Act s708 where either:

1) the minimum amount payable for the securities on acceptance of the excluded offer is at least A$500,000; or 

2) they are able to provide us (before we render any financial service) a certificate given within the preceding 6 months by a qualified accountant (as defined by regulation) that states that they either:

• have net assets of at least A$2.5 million; or

• that they have a gross income for each of the last 2 financial years of at least A$250,000