Discretionary Global Macro
Backhouse Trading is a discretionary global macro CTA seeking all-weather absolute returns across liquid U.S. futures markets.
About the Program
The Discretionary Macro Program combines top-down macroeconomic analysis, positioning intelligence, and observational price action to identify asymmetric opportunities across global futures markets.
Low Correlation to Traditional Assets
Historically negative correlation to the S&P 500, providing genuine portfolio diversification.
Liquid, Transparent Structure
Futures-only portfolio constrained to highly liquid U.S. contracts. Managed account structure with full transparency and daily liquidity.
Tax-Efficient Vehicle
Futures contracts receive 60/40 long-term/short-term capital gains treatment under IRC Section 1256, improving after-tax returns.
Contact
Reach out to request our Disclosure Document, performance data, or to schedule a conversation.
Investor Relations
Regulatory
Registered CTA with the CFTC. NFA member.
NFA ID: 0537236