The Closed-Loop
Commodity Arbitrage.
A UK-regulated Special Purpose Vehicle (SPV) leveraging Act 1140 compliant aggregation to capture a significant secured spread on institutional gold trade.
Asset Class
Gold (Au)
Physical Allocation
Security Cover
110%
Lloyd's Cargo Wrap
Cycle Velocity
30-45 Days
Revolving Facility
The Closed-Loop Architecture
Cortexa Capital acts as Servicer. The SPV functions solely as the funding vehicle, isolating capital from operational risk.
Global Aggregator
GoldBod Licensed (Act 1140)
- Self-Financing License
- Validated Track Record
- Fully Traceable Origin
UK Funding Vehicle
Tier 1 Refineries
OECD Compliant Buyers
- Non-Sanctioned
- Instant Settlement
- Invoice Assignment
The Equity Cushion
We deploy volume capital targeting 2,000kg+ monthly tiers. In exchange for this liquidity, the Aggregator grants a significant commercial discount below LBMA spot.
This creates an immediate "Equity Cushion." Even if market prices fluctuate, the SPV enters the trade with a double-digit buffer, effectively purchasing the asset well below its instant liquidation value.
Structure: Revolving Trade Finance
Our model is built on velocity, not speculation. We budget a flat finance rate per 30-day cycle to maintain a healthy operational margin after logistics and insurance.
Unit Economics (Conceptual)
Institutional Risk Mitigation
Addressing the core challenges of cross-border commodity finance.
Risk: "Bush Gold" / Provenance
Mitigation: We do not buy from the bush. We buy exclusively from Act 1140 Licensed Aggregators who are legally mandated to certify origin before metal enters their vault.
Risk: Payment Default
Mitigation: Receivables are assigned from Tier 1/2 Refineries only. The Refinery pays the collection account directly. Cash flow is controlled before management fees are extracted.
Risk: Market Volatility
Mitigation: The commercial discount provides an instant equity cushion. Combined with high-frequency rotation (30 days), market exposure is minimized compared to long-hold strategies.
Risk: Jurisdiction
Mitigation: The SPV is UK-domiciled. All legal contracts are governed by English Law. The Aggregator holds the specific "Self-Financing" license designed for external liquidity partnerships.
Request Access to Data Room
We can share a redacted LOI immediately showing structure and commercial terms. Full data room access (names, licenses) requires a signed NDA.