Boutgajouft Liquidity Triangle Theory™
The foundational geometric framework for liquidity, displacement and equilibrium.
Read the paper on SSRNSOFIANE BOUTGAJOUFT · WORKING PAPERINVESTMENT MANAGEMENT. QUANTITATIVE RESEARCH.ORGAX LLC / EST. 2025
Independent thinking.
Systematic
investment.
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Explore our approachIndependent investment management and quantitative research.
We investigate market structure, develop systematic strategies
and challenge the assumptions behind them.
PERSPECTIVES IN MOTION
An independent perspective
An independent perspective
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ORGAX / INDEPENDENT SINCE 2025
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Investor enquiries01 / A DIFFERENT PERSPECTIVE+
Investment management.
Quantitative research.
One independent perspective.
Research at the core of our work.
Orgax brings investment management and independent quantitative research together. Our public work shares research perspectives; investment implementation remains proprietary.
The thinking behind OrgaxSystematic by design.
Independent research. Investment discipline. Attention to risk.
Explore our approach 02 / QUANTITATIVE RESEARCHOpen to examination.
12 working papers. From market structure to validation and execution.
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All 12 publicationsThe ideas behind
the approach.
The Structural Liquidity Factor: Persistent Alpha Beyond Fama-French
Investigates the structural liquidity hypothesis through factor models and robustness analysis.
Read the paper on SSRNSOFIANE BOUTGAJOUFT · WORKING PAPERA Two-Gate Test for Structural Edge in Systematic Trading Strategies
Separates evidence of positive edge from evidence of distributional invariance, using two complementary tests.
Read the paper on SSRNSOFIANE BOUTGAJOUFT · WORKING PAPER