History

PCL’s success story is uniquely tied to that of its founder Robert Pardo. In the early 1970s, Robert Pardo began working for two cattle traders at the Chicago Mercantile Exchange, soon discovering his passion for trading and mathematical market analysis. Over the next 15 years, Pardo developed ever more intricate and advanced algorithmic trading software and strategies. Much of this was presented in The Design, Testing and Optimization of Trading Systems — widely considered a classic in the trading industry — now in its updated second edition titled The Evaluation and Optimization of Trading Strategies.

Decades of experience in technical and numerical analysis, artificial intelligence, software design, optimization theory and evaluation of trading strategies not only honed Pardo’s expertise in futures trading systems, it also led to a number of consulting projects, including extensive engagements with Goldman Sachs, Transworld Oil and Daiwa Securities.

In 1996, Pardo founded Pardo Capital Limited, applying his rich expertise by offering global futures investment services to private and institutional clients. Pardo reached another milestone when he designed and implemented a sophisticated new algorithmic trading program called XT99 Diversified. For the past 10 years, and while securities and bond markets roil to an unprecedented degree, XT99 Diversified has shown outstanding performance producing a 26 percent annualized rate of return since its inception.

THE RISK OF LOSS IN FUTURES TRADING IS SUBSTANTIAL AND IS NOT SUITABLE FOR EVERYONE.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

PCL formed a new subsidiary Pardo Financial Group in February 2010. The focus of PFG is the creation and management of multi-manager fund products. PFG is proud to announce the availability of its first product the Pardo Strategic Alpha Fund or PSA.

Note: Pardo Group Limited  and Pardo Analytics Limited established by Bob Pardo as separate business entities in 1989 and 2004 respectively, were discontinued in January, 2009.



Pardo Capital
Pardo Capital

THE RISK OF LOSS IN FUTURES TRADING IS SUBSTANTIAL AND IS NOT SUITABLE FOR EVERYONE.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.