According to a statement received, AlphaMetrix will cease trading operations as of Oct. 31 and enter that portion of its business into an orderly liquidation. AlphaMetrix announced earlier this month that it was having cash flow issues and last week was ordered by the National Futures Association to "to satisfy its obligations to certain pool participants by Nov 1.” Below is the statement received from AlphaMetrix.
AlphaMetrix Statement: In light of recent redemption requests, AlphaMetrix has determined that its sponsored funds will no longer be able to effectively trade the investment strategy employed by each trading advisor. As a result, AlphaMetrix has decided that it is in the best interest of all investors for the funds to cease trading as of October 31, 2013, and enter into an orderly liquidation. For all investors who have not already redeemed, it is anticipated that AlphaMetrix will distribute 90% of the proceeds to investors on or about November 21, 2013. The balance will be distributed upon the completion of a final audit.