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Valor Global FX Fund reports NAV rate for July

Valor Global FX, FX International AB (publ.) fund in Malta reports that the NAV rate, as expected, initially continued down with approximately -2.62% during July. However, trades show positive figures and the reason for the loss is fees and exchange rates.Valor Global FX has, as expected, continued with an initial period that is negative and is down by about -2.62% during July.  This is due to initial and running costs and exchange cost from Euro to SEK as the Swedish krona value changed quite a lot during the period. In July, trade gave a surplus of just over 4 kEUR. We want to get

Valor Global FX Fund reports a new deposit of capital

Valor Global FX, FX International AB (publ.) fund in Malta reports that it has received a new deposit to the fund of approximately 1,000,000 SEK from an external investor.Valor Global FX has received capital from a new external professional investor totaling 100,000EURO (about 1MSEK). The money has been verified and is now undergoing the usual examination and will then be added to the total capital of the fund. As previously announced, FX International AB (publ.) invested a total of SEK 20 million in May 2020 to get the fund up and running and to obtain actual data from trading. As

Valor Global FX Fund reports NAV -3,27 % for May and June

Valor Global FX, FX International AB (publ.) fund in Malta, reports that the NAV rate, as FX International AB expected, initially is down about -3,27%.Valor Global FX has as expected had an initial period that is negative and is during May down by about -2.75% and during June about -0.53%. This is largely explained by upfront costs and that the recurring costs are taken directly from the existing capital. As previously announced, FX international AB (publ.) invested, in May 2020, to get the fund up and running a total of 20MSEK to be able to obtain actual data from trading. The

Board decides on its future application of company funds and stategic plans

FX International decides to concentrate its product basis on Malta fund with Valor AI and own Genova FX management. Initiates termination of VALORs managed account in order to secure funds avaliability for further product development.After successful initiation of the Malta structure with already invested SEK 20 million into the VALOR Global FX Fund, the Bord has decided to terminate the Valor managed account in order to free deposited funds for further product development and testing of more perspective strategies to widen the FXI product range. More information about this will be

The SICAV Fund in Malta

All structural, administrative and formal issues are expected to be in place in the coming weeks.FXI's legal representative in Malta is now establishing the fund structure in accordance with the application. The work has already been prepared earlier this year and we therefore expect that all partners, accounts and other formalities will be in place quickly. The fund will hereafter be activated and linked to the algorithm for initial testing. We expect this to happen shortly, and trading should be up and running once we have all formalities in place - hopefully it will be before year ends.

A promising start on the collaboration with Valor

FXI in collaboration with Valor and LMAX has initiated a 'return test' on the upcoming Maltese investment fund - the result has exceeded our most optimistic forecasts.Through the last 30 days, FXI together with Valor and LMAX have tested the algorithm's performance in the foreign exchange market. With a capital of EUR 200,000 invested in a high-risk profile, the 100% autonomous and self-learning AI has gradually increased its position-taking, optimising profits and reducing losses. With this strategy, where it so far has carried out more than 300 short-term "micro-transactions", it has

FXI raise capital and starts the new fund

FX International AB (publ) and Valor o.c.p., A.S. (Valor) agreed on June 28, 2016 to start a currency trading fund directed to institutional and qualified investors. Valor is an asset management company   in Bratislava, Slovakia, and their activity is regulated by the National Bank of Slovakia Since the agreement the trading system has been tested and the parties have now agreed that it meets the requirements set up by the parties. The activities to get the fund structure in place will be completed in December 2016. The launch of the fund is planned to take place January 2, 2017. The

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