About this episode

Dylan Maltman discusses his transition from a banned retail prop trader to running an AI-native futures hedge fund at Apex Capital Management.

Dylan Maltman of Apex Capital Management (Cape Town) joins the show to break down how he went from a banned retail prop trader to running an AI-native futures hedge fund. He details Apex's origin story, the difference between proprietary trading and challenge-based prop firms, and how Apex structures capital raising through SMAs vs. LPGP vehicles. 🎯 Sponsor: Prop Firm Match — Compare 40+ prop firms side-by-side. Code MATCH 🔗 https://www.propfirmmatch.com/?a_aid=asfx 🔄 TradeSyncer — 30% off w/ code ASFX 🔗 https://www.asfx.biz/ts 🎥 Trade Live With Me — Free 30-day trial 🔗 https://www.asfx.biz/first 🧠 TradeZella — 20% off w/ code ASFX 🔗 https://www.asfx.biz/tz He dives deep into daily operations — fully automated order-flow strategies run on the Sierra platform with Chicago colocation for millisecond latency — and explains why Apex doesn't do manual or discretionary trades, instead selling investors on a consistent risk/return distribution. He also unpacks how AI now touches every part of the fund's research and execution pipeline, and closes with a technical breakdown of the order book square root law and why speed matters in delta/order-flow trading. Connect with Dylan…

People in this episode

Host: Austin Silver

Guest: Dylan Maltman

Topics covered

• AI hedge fund
• proprietary trading
• capital raising
• order-flow strategies
• automated trading

Keywords

• AI
• hedge fund
• proprietary trading
• order-flow
• capital raising
• automated trading
• SMA
• LPGP

Sponsors

Prop Firm Match, TradeSyncer, TradeZella

Mentioned in this episode

Organizations: Apex Capital Management

Places: Cape Town

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