HISTORY

Alpha Financial Technologies, LLC was founded in 2000 by Victor Sperandeo. As a professional trader with over 40 years of experience, Mr. Sperandeo is recognized for his futures market trading expertise and has implemented a number of strategies designed to profit from price trends. These methodologies evolved into our publicly available indexes.

In 2002, AFT granted Standard & Poor’s the exclusive right to sublicense the indexes to third parties, known as the S&P Diversified Trends Indicator, S&P Commodity Trends Indicator, and S&P Financial Trends Indicator. S&P launched the S&P Diversified Trends Indicator in January of 2004. Over the next two years several offshore products linked to the S&P DTI were launched, including a UCITS III Fund by Nomura International PLC. In 2007, Rydex launched the first long/short managed futures mutual fund, which tracks the S&P DTI. Direxion funds launched a mutual fund that tracks the CTI® and a mutual fund that tracks the FTI™ in 2008 and 2009, respectively. In July of 2008, Merrill Lynch structured an exchange-traded note that tracks the S&P CTI.

In November 2009, AFT commenced licensing its indexes directly to third parties, although existing S&P licenses remain in effect. On August 1, 2010 AFT launched the FX Trends Index™ (FXTI®). In January 2011, Wisdom Tree launched an exchange traded fund (ETF) which tracks the DTI®.

Investment banks and financial institutions in over 15 countries worldwide have licensed AFT’s indexes. As of April 2011, there are over $3 billion invested globally in products utilizing AFT's indexes.