History of FTC
◦ Established in 1985 as a research firm
◦ Built Excalibur research software to test Hill Sr’s pattern based strategies
◦ Consultant to multi national institutional firms
◦ Joint venture with Hill Financial Group – CTA, grew to $177 million
◦ Research on directional strategies
◦ Developed series of Samurai strategies
◦ Consultant to Japanese firms and others
◦ Beta tested Samurai strategies
◦ Opened MS4 to investors
