Introduction: The Importance of Diversification
The likelihood of a single trading strategy succeeding consistently over the long term is low. Markets constantly evolve and arbitrage opportunities are efficiently competed away. Chimera is diversified by strategy, asset class, and access method. We encourage traders to expand across categories to become as fluid and adaptable as the markets.
How We Access the Markets: Discretionary and Automated
There are two ways that we enable traders to access and interact with the markets. These are not mutually exclusive, as we have many traders that engage in both.
Discretionary Trading: Where a trader uses a direct access front-end and/or analytical tools to exercise his/her individual judgment in making a trading decision. Learn more »
Other terms: screen-based, manual
Automated Trading: Where a trader uses an API to programmatically access the markets and makes trading decisions using a systematic, rules-based model. Typically, there is little to no human intervention in the trading process outside of risk management. Learn more »
Other terms: black box, systematic, algorithmic
How We Trade: Strategy & Approach
Our focus is on well-defined risk/reward opportunities traded electronically on short time scales, from a few seconds to a few weeks. Within these general principles, we encourage traders to develop their own trading strategies and identities and to be highly adaptable to market conditions. Strategies include: arbitrage, momentum, relative strength, event-driven, and technical.
Things we are not: high-frequency traders, market makers, fundamental long-term traders
What We Trade: Asset Classes
Equities: Primarily US, including ETFs. We trade a very diversified set of companies, often exceeding 1,000 individual names in a day. We specialize in trading highly liquid securities.
Options: Including stock and index options
We are always looking for opportunities to expand with the right trading partners.
Whose Capital Do We Trade?
As a principal trading firm, Chimera does not have customers or investors. We exclusively trade our own capital. Experienced traders may join the firm as members and contribute their own capital. We believe that trading is intense enough on its own without the added pressure of managing outside money.
Check out how Chimera has become a leading destination for top discretionary traders.
Chimera has been training traders successfully since 2000. Read more about our program here.