Research

Struggling Asset Manager’s Increasingly Resort to Alternative Data BuySide

Struggling Asset Manager’s Increasingly Resort to Alternative Data

https://www.ravenpack.com/blog/asset-manager-alternative-data/?utm_campaign=amaltdat&utm_medium=Earned&utm_source=Tabb&utm_content=&utm_term= RavenPack- "Other findings from the survey showed alternative data use had increased from the previous year, and that 64% of asset managers were using multiple sources, with 20% using more than 10 data sources. ... In terms of application, the most common approach - with 42% saying they adopted it - was to incorporate the data into ‘supervised algorithms’ where the final decision was discretionary. ... 22% of respondents used the data in a “semi-supervised” fashion, whilst “reinforcement and deep learning are each utilized by 19% of surveyed managers”, said the survey."
MSCI urges investors to consider ESG in decisions BuySide

MSCI urges investors to consider ESG in decisions

https://seekingalpha.com/news/3533108-msci-urges-investors-to-consider-esg-in-decisions?utm_medium=referral&utm_source=feed_news_all Liz Kiesche, SA News Editor - "Portfolio managers should integrate ESG in portfolio management, including security selection, portfolio construction, risk management, performance attribution, and client reporting." MSCI Website MSCI Principle's Of Sustainable Investing
Trend Analytics – The New Pre-Trade Data

Trend Analytics – The New Pre-Trade

https://tabbforum.com/opinions/trend-analytics-the-new-pre-trade/ Michael Mollemans TABB Group - " “Traditional approaches are not fit for purpose in today's markets,” said Dr. Darko Matovski, CEO of causaLens. “Using technology that autonomously adapts to dynamic changes and embeds causality is the only way to discover alpha in execution.” " Also see: The IEX D-Limit Proposal: It’s Good…But What If It’s TOO Good?
SEC Proposes Amendments to Governance of Market Data Plans Data

SEC Proposes Amendments to Governance of Market Data Plans

https://tabbforum.com/opinions/sec-proposes-amendments-to-governance-of-market-data-plans/ Steven Lofchie, Cadwalader - "Under the proposed Order, market participants would be required to submit a "single, new equity data plan" (aka: the "New Consolidated Data Plan") in which all of the exchanges would participate. A governance committee for the new plan would be formed. One-third of the votes would be held by entities other than the exchanges." ... "Having one market system plan rather than three is not going to change the reality that the exchanges and the broker-dealers have interests that are fundamentally averse to one another: Each wants to "own" as much data (intellectual property) as possible, give away as little data as possible, and either charge as much as possible or pay as little as possible."
MSCI: ESG Related Business Data

MSCI: ESG Related Business

https://seekingalpha.com/article/4314747-msci-esg-related-business-can-take-stock-price-to-new-all-time-highs?source=feed_all_articles [Editors Note: Read between the lines of investment advice for the trend] Bridger Research - "MSCI is the sole leader with the most technically advanced products in the ESG related portfolio construction and analytics market"
Grafiti, A Search Engine For Charts, Raises Nearly $1.6M In Pre-Seed Funding Data

Grafiti, A Search Engine For Charts, Raises Nearly $1.6M In Pre-Seed Funding

https://news.crunchbase.com/news/grafiti-a-search-engine-for-charts-raises-nearly-1-6m-in-pre-seed-funding/ Jason D. Rowley Crunchbase - "Headquartered around the corner from a diabolically delicious pizza shop in Brooklyn, New York, Grafiti is a startup aiming to solve just that. Its stated goal, to build the leading search engine for charts and data visualizations, belies a broader mission: to help people surface insights from a mass of mostly-structured, increasingly visual information sources." Grafiti https://beta.grafiti.io/ Google Dataset Search https://toolbox.google.com/datasetsearch
Trading Technologies Contracts with SBI Thai Online for Distribution of the TT® Platform from Thailand FrontOffice

Trading Technologies Contracts with SBI Thai Online for Distribution of the TT® Platform from Thailand

https://www.tradingtechnologies.com/news-releases/trading-technologies-contracts-with-sbi-thai-online-for-distribution-of-the-tt-platform-from-thailand/#more-87850 SBI Thai Online’s client base will have access to the TT platform’s full range of professional trading tools, including Autospreader®, ADL, and APIs.  “We are thrilled SBI has chosen TT as a solution to extend to their clients. As we expand into what are new markets for TT and exchanges such as TFEX, having the endorsement of local brokers like SBI, who are the experts in their region, is important. It allows us to bring our technologies to a brand new set of customers and extend the reach and interest in the Asian markets as a whole out to our wider international clients,” said Mark Pottle, Regional Executive Sales Director for Trading Technologies in Asia.
Academic Research Takes Center Stage at IEX Data

Academic Research Takes Center Stage at IEX

https://www.tradersmagazine.com/departments/algos/academic-research-takes-center-stage-at-iex/ Elaine Wah - "After opening the call for papers in early August, we received nearly 60 submissions — addressing a wide range of modern market structure topics. We ultimately selected eight papers, some of which focus on the most important issues being debated today, others on those which will likely be discussed in years to come. For those who were not able to attend, we are providing brief summaries of the eight papers in this blog post. Of course, as we cannot do full justice to the papers here, we encourage you to read the papers, which are hosted on the conference website."
Refinitiv Appoints News Industry Veteran as Head of News Performance Automation

Refinitiv Appoints News Industry Veteran as Head of News Performance

http://svdaily.com/refinitiv-appoints-news-industry-veteran-as-head-of-news-performance/ BUSINESS WIRE - "New role created in response to increased demand for trusted news in turbulent geopolitical environment." ... "Refinitiv has appointed Richard Mably as Head of News Performance to enhance the value of Refinitiv’s extensive news coverage to help power and advance the financial community." ... " Refinitiv has invested heavily to expand news coverage on the Refinitiv Data Platform in response to demands from customers for market moving insight across the globe. Refinitiv now carries news from over 10,000 sources up from 7,000 thousand sources two years ago."
Commission-Free Trading Puts Payment for Order Flow Under the Microscope Research

Commission-Free Trading Puts Payment for Order Flow Under the Microscope

https://tabbforum.com/opinions/commission-free-trading-puts-payment-for-order-flow-under-the-microscope/ Julie Evans MagnifyMoney -  "Pros: There is certainly an argument to be made that market makers are important to the industry. They provide liquidity in the market, making sure there are enough buyers and sellers at any given time to execute the trades people want to execute. The payments to brokers are a way for the market makers to attract orders and compete. Cons: The biggest downside to payment for order flow is that it could potentially interfere with customers getting the best deals possible. It doesn’t necessarily lead to abuse, but it creates the opportunity for it. Pay for order flow is banned in Canada, and it is under review in the UK."