Banks and investment firms have increased their consumption of alternative data sets, but there are still challenges around selecting the most relevant data for trading purposes, according to panelists at a recent industry fintech conference.
Despite a one-year delay and other missed deadlines, the order-tracking system known as the Consolidated Audit Trail is back on track as exchanges were due to begin reporting required equities and options data into the CAT on Nov. 15.
Despite some of the weaknesses in company-published ESG data, big data and artificial intelligence have enabled the construction of new data sets for analyzing investments.
In the future, analysts will consult artificial intelligence software to crunch big data, find historical precedents, and run statistics to predict what lies ahead, all within a few minutes.
A quick recap of FlexTrade’s participation at the Australia FIX Conference at the Sofitel Sydney Wentworth on Thursday, October 18th.
Asset managers are looking for ways to mine alternative data sets for investment ideas, recognizing that stock pickers cannot rely on traditional research.
Despite the view that MiFID II is a European regulation, US investment managers are experiencing disruption as they align their research payment and execution practices with the influential standard.
Electronic trading in the US Treasury secondary market is evolving and shifting, as non-bank liquidity providers and dealers participate on venues that offer bilateral streaming on a disclosed basis.
Corporate bond investors are seeking operational efficiencies on their fixed income trading desks to lower costs. As the search for liquidity across a fragmented credit trading marketplace remains a priority,-side firms are grappling with two distinct workflows – voice-based and electronic – in the $8 trillion corporate bond market.
In the next five to 10 years, don’t be shocked if hedge funds begin to outsource their algorithms to a team of quants coding in Python using the cloud and open source tools.