iMaps Capital Markets launches Aiternativ Dynamic ETI with an actively managed certificate for AI trading strategies

By Joy Dumasia

iMaps Capital Markets (iMaps), a brand of the European structured products issuer iMaps ETI AG, in cooperation with Aiternativ Ltd., launched a new exchange-traded investment product: the Aiternativ Dynamic ETI. This exchange-traded instrument uses artificial intelligence as a trading algorithm to control the underlying assets to generate reliable returns in the forex markets. It has recently been traded on the Stuttgart Stock Exchange and is approved for public distribution in Germany, Liechtenstein, Luxembourg, Spain, Portugal and Austria.

The investment strategy represented by this innovative certificate is based on the total return approach and thus aims to always achieve positive returns with limited risk and to secure the profits already made. Investments are made exclusively in contracts for difference (CFDs), i.e. derivative products, on the foreign exchange market (FOREX). The strategy is based on an automated trading system that identifies, evaluates and, if necessary, trades in short-term volatility breakouts. Aiternativ Ltd. developed this system based on strict risk management principles.

In the underlying asset of the actively managed ETI, currencies and contracts for difference can be used for both appreciation (long positions) and depreciation (short positions) assumptions. As a result, it enables extensive flexibility and a return independent of the general stock and bond markets.

Andreas Woelfl, Founder and Chairman of iMaps ETI AG, said: “I am pleased that we can now add another thematic exchange-traded product to our portfolio, which is based on active currency management. Since the currency markets hardly correlate with classic shares and bonds, interesting diversification effects arise. The automated investment solution controlled by artificial intelligence, in combination with the total return approach, ensures reliable returns on the foreign exchange markets with a moderate risk profile.”

Hugo Malhoa, Head of Business Development at Aiternativ Ltd, said: “We are delighted to be listed on the Stuttgart Stock Exchange in partnership with iMaps Capital Markets. This is an important milestone for our company and a great step to build on our long-term vision to become a leading provider of artificial intelligence-based trading systems.”