Systematic · Evidence-led · Human-controlled

Live. Compounding. Scaling.
A founder-led systematic trading technology company.

Proprietary capital on Interactive Brokers Pro. Every execution PostgreSQL-audited at fill time. Built for durability, not optics.

25 years leading technology programmes into Reuters, HSBC, Deutsche Bank, JPMorgan and Lloyds at board level — at Oracle, Cisco and ServiceNow. Commissioned Officer, Royal Air Force. The same discipline runs every algorithm on this platform.

Live · proprietary capital · IBKR Pro · 58 instruments armed · Darwinex track record accumulating
Piece DNA from d4
What we are building

Systematic trading technology. Built properly.

Personal capital first. Verified track record second. External capital only when the evidence warrants it. The path Quadrature took: a personal account in 2010, a multi-billion systematic fund today.

4
Agent workflow layers
Research · Risk governance · Code delivery · Decision authority. No agent can approve its own output. One director reviews every action.
58
Instruments armed
40 live-armed, 18 paper-validating. FX, metals and commodities across three strategy families. Every signal PostgreSQL-audited at execution time.
3
Strategy families live
Trend-following, mean reversion and session breakout running simultaneously. Stress-tested correlation −0.45 to −0.60 — structural diversification, not cosmetic.
0.5%
Max risk per trade
System-enforced. Cannot be overridden in live deployment.
10%
Max drawdown · hard stop
Breach triggers mandatory review before resumption. Enforced at the infrastructure layer.
PF 3.8+
live audited
Prop framework validated
Live audited P&L on The5ers institutional framework. Profit factor 3.8+. Same algorithms, identical risk parameters. Not a backtest.
How it works

The architecture

A structured multi-agent workflow — research, risk governance, code delivery, decision authority — with one director reviewing and approving every action. No single agent can approve and execute its own output. No human writes trading code directly.

01 — STRUCTURED MULTI-AGENT WORKFLOW RESEARCH Strategy hypotheses Monte Carlo · backtesting RISK GOVERNANCE Position sizing · exposure Stress-test sign-off CODE DELIVERY Python · SQL · MQL5 Controlled deployment DECISION AUTHORITY Orchestration · veto Session management 02 — HUMAN AUTHORITY GATE One director reviews every strategy, risk parameter and deployment decision No agent approves its own output · Absolute veto at every stage 03 — LIVE EXECUTION FLEET · 58 INSTRUMENTS · IBKR PRO & MT5 TREND FOLLOWING XAUUSD EURUSD GBPUSD USDJPY GBPJPY EURJPY + 33 more MEAN REVERSION AUDNZD AUDCAD EURGBP EURCHF NZDUSD Stress-tested correlation −0.45 to −0.60 · structural diversification, not cosmetic 04 — THREE-LAYER RISK MANAGEMENT Circuit breakers · news filters · hard drawdown limits · PostgreSQL-enforced · cannot be overridden 05a — PROPRIETARY CAPITAL Director's own capital · IBKR Pro · PostgreSQL-audited 05b — PROP FRAMEWORK VALIDATED The5ers · PF 3.8+ · live trades · externally audited 06 — DARWIN INVESTOR ACCESS FCA-regulated signal · verified track record · external capital pathway POSTGRESQL AUDIT LAYER Every fill · every risk event · immutable
Risk philosophy

Capital protection first

Every constraint is system-enforced and cannot be overridden in live deployment.

What we do
  • Hard position limits — maximum risk per trade enforced automatically
  • Tiered circuit breakers — three independent layers, each capable of halting trading
  • News blackouts — trading pauses automatically around high-impact events
  • Statistical gating — no strategy goes live without passing a rigorous evidence threshold
  • Regime awareness — strategies activate only in the conditions they were designed for
What we never do
  • No martingale — position size never increases after a loss
  • No grid trading — no averaging down on open positions
  • No recovery mode — losses are accepted, never chased
  • No opaque systems — no capital in strategies that cannot be understood, tested and governed
  • No pressure overrides — parameters defined in calm, enforced in volatility
Hard constraints
0.5–1.0%
Max risk per trade
System-enforced
4% / 10%
Daily loss / Max drawdown
Full halt on breach
Gated
Strategy promotion
Evidence threshold before live deployment
Monte Carlo
Stress-test method
Applied before every deployment decision
Investor access

Capital pathways.

Personal capital first. Verified track record second. External capital only when the evidence warrants it.

Phase 1 — Now
  • →Proprietary capital — director's own, fully at risk
  • →PostgreSQL audit trail — immutable from day one
  • →Prop framework validated — The5ers: PF 3.8+, live audited
  • →SEIS seed round open
Phase 2 — Track record
  • →Systematic expansion across uncorrelated instruments
  • →Darwinex track record accumulating — FCA-regulated access
  • →EIS follows SEIS — up to £5m at 30% investor relief
  • →External capital follows proof, not promises
Seed funding · SEIS
⧖  HMRC Advance Assurance · Application In Progress · April 2026

50% tax relief. Uncapped upside.

One of the most tax-efficient investment structures available to UK investors. The UK Government recently expanded SEIS eligibility as part of its commitment to backing early-stage technology companies.

50% income tax relief On £25,000 invested, £12,500 returns immediately via your tax return in the year of investment.
Capital gains exemption Zero CGT on gains after 3 years. If IPQI scales as intended, the upside is uncapped and untaxed.
Loss relief Losses can be offset against income tax. Effective downside materially reduced.
What you are backing Equity in IPQI Ltd. A platform built to institutional standards from day one. Raise details shared with qualified investors on request.

Minimum investment £25,000. Conversations with serious investors welcome now.

Discuss SEIS investment →
Darwinex investor access

Verified track record. Regulated access.

IPQI intends to make its strategies available via Darwinex — FCA-authorised, independently audited, no fund complexity, no minimum ticket sizes. Track record is accumulating now.

FCA-regulated and audited Performance independently verified and published in real time.
Risk-normalised exposure Darwinex standardises risk regardless of underlying strategy volatility.
No lock-up. No minimums. Allocate what you choose. Withdraw when you want.
Structural diversification Three strategy families. Stress-tested correlation −0.45 to −0.60. Genuine, not cosmetic.
Register interest →
About

The foundation.

Piece DNA from d4

Process over intuition

A career built on delivering complex, high-stakes technology programmes into the world's largest institutions. Ian Pratley co-founded Alldare — advanced AI for defence and government — winning and delivering a MoD contract within six months of founding.

IPQI applies the same framework: structured process, hard constraints, evidence before action. No exceptions under pressure. The discipline that operated at board level in global banking now governs every algorithm on this platform.

Contact

Serious conversations.

Proprietary capital live. Track record building. SEIS seed round open. Not a broad solicitation.

Serious investors, strategic counterparties and selected technical collaborators only. Be specific about what you want to discuss.

Message received.

We'll be in touch if there's a fit.