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First New Zealander to be awarded Brooks Memorial Award

First New Zealander to be awarded Brooks Memorial Award

Adam Cox, director and head consultant of Prime Consulting Services (a Howick based consultancy firm specialising in funds management consultancy),is the first New Zealander to be awarded the international John Brooks Memorial Award from the International Federation to Technical Analysts (IFTA).

Adam’s research studied applicability of “Multivariate wavelet de-noising applications to intra-day currency trading of the New Zealand dollar.” The Research required an in-depth knowledge and application of quantitative finance, time series analysis and programming as well as proprietary trading system design, and was documented over 120 page research document. (as a side note: my father was diagnosed with cancer over the period of research was being completed, and so it was hard going at times to complete this comprehensive and complex assignment).

Adam was congratulated by Wolfe Wetzer, head examiner of the IFTA Master Programme and current chair of the IFTA, on Tuesday 15th July, 2014 stating “that this is the best MFTA paper that I have seen in my history of a referee. Congratulations.”

Adam is the first New Zealander to be awarded this qualification from the IFTA. Only 3 Australians have ever been awarded the same qualification whilst Adam is the first New Zealander also to be awarded the international John Brooks Memorial Award.

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