About
Thomas Jankoski
Chief Investment Officer and Founder, Confluence Alpha Capital Management
Thomas Jankoski has spent 30 years in the derivatives markets, working in options market making, derivatives risk management and quantitative trading. He began his career managing fixed income derivatives risk and went on to lead global derivatives risk at a proprietary trading firm in Chicago.
His work centers on automated trading and risk systems, and on managing risk across large options portfolios.
Confluence Alpha applies that experience to a systematic approach to the economic cycle. We classify the economy into four regimes and manage portfolios within explicit risk limits.
Our Approach
Why a rules-based process
Judgment can be useful, but it is hard to test and easy to rationalize after the fact. We set out our rules in advance, check every input against its source, and act only on confirmed changes in the data. Each decision can be reviewed later, including the ones that turned out wrong.
Signal rules, position sizing, target weights and trade timing are proprietary and are not published on this site.