Maxwell Partners, the London-based algorithmic trading, blockchain and digital asset investment firm, has announced today that it has appointed Mikkel Morch and Angus John MacCormick as strategic advisors to strengthen and expand its algo trading business for investors in the cryptocurrency markets.
Maxwell Partners offers long-short proprietary AI trading solutions to investors from all backgrounds. The long-short strategy means the algorithm is also counter-cyclical and suitable for beginner retail investors, ultra-high-net-worth individuals, large institutions, hedge funds, family offices, banks and wealth managers. The firm has grown from approximately $10 million in AUM to $194 million in the last 1,5 years.
The company's flagship algorithm - the Range Maker - uses technical analysis to identify the current trading range of an asset and automatically produce buy and sell signals. Because it was tailor-made for Bitcoin Perpetual Futures, the Range Maker can trade both sides of the Bitcoin market, engaging in long and short positions. The algorithm is compatible with various exchanges, including Binance, FTX, Huobi and Bitfinex as well as OKX and Bybit where it can automatically place orders to ensure fast execution of trades.
Since its inception in 2019, the Range Maker has outperformed Bitcoin by more than 10X. Its high success rate can be attributed to the fact that it uses only a few selected variables that put a strong emphasis on risk management, enabling it to perform well both in bull markets and in periods of downtrending or sideways price action. It is trend-following and performs best on high time frames.
Mikkel Mørch is the founder and Chairman of the Cyprus-based digital asset investment fund ARK36, one of the first licensed funds in Europe investing exclusively in bitcoin and other leading crypto-assets. Mikkel is a seasoned investor with over 25 years of experience running global investment companies. His role as Strategic Advisor at Maxwell Partners will focus on business development and helping the firm to position itself as a global leader within the digital asset and investment sectors.
Angus John MacCormick is Managing Partner at the Belgium-based blockchain technology company SettleMint. Angus is an experienced investor, coach and startup entrepreneur with a demonstrated history of working in the Blockchain, Web3.0, MetaVerse and security industry. He is skilled with global expertise in taking new advanced technologies to market, including Cloud, AI, IoT, mobility, Crypto, Cyber Security, Networking, Data Centre, Video and Emerging Technologies. Angus will help Maxwell Partners to expand its distribution capabilities.
Mikkel Morch, Strategic Advisor at Maxwell Partners, commented, “Maxwell Partners is a game-changing company offering impressive algo trading solutions to investors from all backgrounds, including myself. Such a rapid pace of growth shows the strength of Maxwell's offering but also entails significant challenges. I am delighted to be joining the firm as a Strategic Advisor to help management face these challenges head-on and ensure Maxwell can continue to scale without sacrificing the quality of its services.”