Category: Institutional

October 27, 2017 BY Valentina Kirilova

Credit Suisse launches Artificial Intelligence Sentiment Index using RavenPack AI algorithms

Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack’s artificial intelligence algorithms. The AIS Index tracks the notional performance of an algorithmic US large-cap sector-rotation strategy, harnessing the power of big…

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October 26, 2017 BY Valentina Kirilova

Cinnober Group introduces new real-time solution Minium

Established as a new subsidiary within the Cinnober Group during the end of last year, Minium will provide real-time post-trade technology and services to international investment banks. The development is proceeding according to plan with the ambition that Minium's solutions, which reach the market in 2018, will modernize and streamline the operation of so-called client…

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October 25, 2017 BY Valentina Kirilova

Virtu sells fixed income trade execution services business BondPoint to ICE

Virtu Financial, Inc. (NASDAQ:VIRT) the technology-enabled market maker and liquidity provider to the global financial markets, today announced it has entered into a definitive agreement to sell Virtu’s fixed income trading venue, BondPoint, to Intercontinental Exchange (NYSE:ICE). The transaction is expected to be completed in the first quarter of 2018, and the closing is subject…

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October 24, 2017 BY Valentina Kirilova

Colt provides ultra-low latency connectivity between JPX and Chicago

New exchange-to-exchange service from JPX leverages Colt IQ Network for security and ultra-low-latency Colt Technology Services has announced that it will provide direct connectivity between trading venues in Tokyo and Chicago for the Japan Exchange Group’s new inter-exchange service dubbed “JPX-Chicago Co-Location Direct”. The new service, powered by Colt’s dedicated, ultra-low-latency IQ Network, links JPX’s…

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BIS announces key appointments in Singapore and Switzerland
October 24, 2017 BY Valentina Kirilova

FSC Mauritius elected to the Executive Committee of IOPS

The Financial Services Commission (FSC), Mauritius just announced that it has today been elected to the Executive Committee of the International Organisation of Pension Supervisors (IOPS) at its Annual General Meeting. Other elected members include Italy, India, Romania, Uganda, Egypt and Botswana. The IOPS is the international standard setter and think tank of the Pension…

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acquisition
October 24, 2017 BY Valentina Kirilova

Nasdaq completes acquisition of eVestment

Nasdaq (Nasdaq:NDAQ) today announced the completion of its acquisition of eVestment, a content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions. Nasdaq entered into an agreement to acquire eVestment in September. The deal will further enhance Nasdaq’s robust Global Information Services business by allowing the…

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Thomson Reuters (NYSE:TRI)
October 23, 2017 BY Valentina Kirilova

Thomson Reuters launches Knowledge Graph Feed

Thomson Reuters (NYSE:TRI) is the first major information provider to release a Knowledge Graph Feed for the Financial Services market. Using verified Big Data management principles and machine learning techniques, the Thomson Reuters Knowledge Graph provides a trusted data source and model for customers to leverage, build their enterprise solutions on top of and benefit…

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October 23, 2017 BY Valentina Kirilova

CMA and SAGIA sign Memorandum of Cooperation

The Capital Market Authority (CMA) and the Saudi Arabian General Investment Authority (SAGIA) have signed a Memorandum of Cooperation (the Memorandum) to set up a collaborative framework to be followed by the CMA and SAGIA when preparing the regulatory directives for allowing non-resident strategic foreign investors to own strategic stakes in listed companies’ share capital,…

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TradingScreen website
October 23, 2017 BY Valentina Kirilova

TradingScreen's majority shareholders renew call for a change in leadership

A group stating that it represents the board members and shareholders representing the majority of the common shareholders of TradingScreen renewed today their request for a change in leadership at the company, and published a summary of the main legal actions faced by TradingScreen's current management. The "majority shareholder group" stated that it condemns what it…

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