ALPHA FINANCIAL TECHNOLOGIES

AFT is a market leader in the research and development of transparent futures-based indexes... Founded by Victor Sperandeo (Trader Vic) in 2001, AFT is comprised of professionals specializing in the futures industry and in the design and licensing of transparent futures-based indexes... AFT's indexes have been utilized by the financial and institutional community globally in a broad array of products including mutual funds, exchange-traded funds (ETFs), and exchange-traded notes (ETNs). Licensees have included Standard & Poor's, Rydex Investments, Direxion, WisdomTree, HSBC, Bear Stearns, Merrill Lynch, Credit Suisse International, HSBC, and UBS. High-water assets linked to AFT's indexes exceeded $3 billion.

Also known as: AFT, Alpha Financial Technologies, LLC