Accentuate the positive
First Published in Automated Trader Magazine Issue 23 Q4 2011 : First Person
Philippe Bonnefoy is the co-founder of Eleuthera Capital AG, where the investment philosophy is to make profits on capital when markets are not trending, and the belief is that this aim can be most effectively achieved by the use of automation. Larry Levy went to find out more.

Larry Levy: Philippe, welcome. Please tell us briefly about your background in the markets and how you came to automated trading.
Philippe Bonnefoy:
I started in New York in 1983, working on Wall Street in international corporate finance for Kidder Pea



