Risk Disclosure

This Risk Disclosure is a placeholder draft pending legal review. It describes the categories of risk we believe an investor should understand before engaging Titanic Markets. The controlling document will be issued by counsel before any investor onboards.

General investment risk

Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. No representation is made that any strategy will achieve its stated objectives.

Market risk

Asset prices fluctuate based on macroeconomic conditions, policy changes, liquidity, and unforeseen events. A strategy that performs well in one regime may underperform in another. We hedge where structurally sensible; we do not promise immunity to market drawdowns.

Strategy risk

Our strategies are systematic. They depend on the continued validity of the relationships their authors have observed in historical data. Relationships can break — through structural change in the market, through competitive arbitrage, or through regulatory action — without warning.

Execution risk

Live trading involves operational risks: venue outages, slippage, mis-routed orders, software defects. We mitigate these through redundant infrastructure, hard exposure caps, kill-switches, and audit. None of these eliminate execution risk entirely.

Liquidity risk

Some strategies operate in instruments whose liquidity profile may change with market conditions. Capacity limits exist precisely to keep our execution within sound liquidity bounds; that does not eliminate the possibility of slippage in stressed markets.

Counterparty & custody risk

Investor capital sits with regulated custodians and is segregated from Titanic Markets' own balance sheet. We rely on the solvency and operational continuity of those custodians and execution venues.

Regulatory risk

Financial regulation evolves. Changes can affect the products we trade, the venues we use, the reporting we owe, and the structure of investor relationships.

No guarantee

Nothing in our materials constitutes a guarantee, warranty, or assurance of any specific outcome. Investors should engage Titanic Markets only with capital they can afford to lose, and only after consulting with their own independent advisors.