The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

Lehman launches MarQCus

Apparently it has taken six years to develop – and perhaps five minutes to come up with the name – so it’s no surprise that Jim McCormick, global head of foreign exchange research at Lehman Brothers, is pleased with the bank’s latest offering. Called MarQCus, which I guess is less of a mouthful than Macro Quantitative Currency Strategies platform, the service lets investors directly access Lehman’s quantitative strategies models. MarQCus is available via LehmanLive, Bloomberg and Reuters. Clients can select a portfolio using all six of Lehman’s systematic strategies in an equal weighting or they can create customized portfolios.

“MarQCus is a unique offering compared to the others we’ve seen in the market,” says McCormick. “The increase around these products has been centred on two basic systems, which are either carry or technically based. The problem with these is that momentum strategies haven’t worked too well, and carry, which we’re not against, is contingent on [benign] market conditions. We saw what can happen when these turn in July and August,” he adds.

McCormick says that MarQCus considers various parameters across assets and that backward testing to January 1997 shows it has delivered significant returns of 6.05%

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree