Bloomberg launches real-time industry research platform
Bloomberg has rolled out a portal for interactive industry research and data, called Bloomberg Industries (BI), which combines analysis and thematic insights from industry analysts with Bloomberg’s industry data and news.
BI has a team of more than 100 researchers covering over 100 industries in North America, Europe and Asia from its hubs in New York, New Jersey, London and Hong Kong. The industry research platform is the latest feature to be included in the Bloomberg Professional service.
BI senior analysts have an average of 17 years’ experience at top buy- and sell-side firms. The BI portal also aggregates information from more than 200 third-party providers, creating a large central repository for analysing an industry’s past and present performance as well as future forecasts.
“Our goal is to provide objective industry research, analysis and insights at our customers’ fingertips, so they can spend less time finding and manipulating data and more time creating value-added investment ideas,” said Tom Secunda, Bloomberg’s co-founder and head of financial products and services.
Thomson Reuters adds psychoanalysis to news service
Thomson Reuters has expanded its news analytics services to include a new psychological analysis ability that gauges market sentiment by analysing human emotion in news and social media to influence and support investment and trading strategies in financial markets.
Thomson Reuters is now offering multi-dimensional psychological analysis for machine-readable news, including emotion and sentiment associated with specific countries, commodities, currencies and economic sectors.
The firm’s MarketPsych Indices (TRMIs) provide real-time psychological analysis of news and social media. Users can view and model the impact of investors psychology across global asset classes and regions by analysing the specific attitudes expressed within stories and tracking the macroeconomic themes that are most relevant to price movements in each asset class.
“Questions that are challenging to address can be answered directly using our MarketPsych Indicators and easily incorporated into investment and trading models,” said Rich Brown, head of quantitative and event driven trading solutions at Thomson Reuters. “Questions like: ‘Are there growing concerns over the stability of the Yuan’s peg to the dollar, and what does this mean for the value of the currency?’ or ‘Is the threat of violence and conflict in Iran heightening or abating, and what does that mean for global oil prices?’ This new capability can be used to identify economic sector activity, asset prices, social trends and develop under the radar investment hypotheses.”
Nano Capital selects Orc for French Eurex market making
Financial technology company Orc has been chosen by Nano Capital, a newly established Paris-based trading firm, to support its market making operations on German derivatives exchange Eurex.
Nano Capital has implemented Orc market maker as a hosted, co-located solution to minimise latency and operational costs. As part of the solution, Nano Capital uses Orc’s APIs to apply custom pricing and volatility models to its market making activities.
“We believe that France, a reference market in the equity derivatives world, is a great fit for the Orc offering, and we are delighted to welcome Nano Capital as a client,” said Guillaume Poitevin, sales manager, Orc.
Marex Spectron debuts Asia to Europe low-latency service
London broker Marex Spectron has launched an ultra-low latency link between Hong Kong and London with average latency of 178 milliseconds.
The link, which is fully backed up with an alternative route via Singapore, is automatically available to all Marex Spectron clients connecting electronically in Hong Kong.
Marex Spectron is undergoing a programme of upgrading and enhancing its technology platforms globally. Recent initiatives have included the establishment of a dedicated co-location station in Dubai to coincide with Marex Spectron becoming a clearing member of the Dubai Mercantile Exchange; and enhanced connectivity to the London Mercantile Exchange’s data centre with co-located servers.
“Our objective is to provide our clients with a powerful environment for accessing liquidity globally, together with a range of products and services to support their trading decisions,” said Steve Sparke, chief operating officer of Marex Spectron.
DeltaOne Solutions offers historical index and ETF data
DeltaOne Solutions, a CoreOne Technologies company, has launched 10-year historical index and exchange-traded fund (ETF) data covering constituent history and pricing for tens of thousands of indices and ETFs.
The data includes official index value, constituent data, global coverage, cross-reference security identifiers and is retrievable in a variety of formats via a web interface for download or an API. The DeltaOne solution uses a standardised structure and calculates methodology across all index and ETF families and asset classes.
“The quants have spoken and we are very pleased to deliver access to historical index and ETF data to DeltaOne subscribers,” said Bernie Thurston, global head of DeltaOne Solutions. “We pride ourselves on our dedicated, on-demand approach. As we work with our clients to identify their needs, we customise solutions to fir their business models.”
Dion sets out OTC pricing and risk management tool
Technology company Dion Global Solutions has launched dfferentia, a hosted pricing, valuation and multi-asset class risk management solution for buy- and sell-side firms that promises to provide more accurate and efficient pricing of OTC derivatives.
Dion has partnered with analytics provider Numerix to integrate Numerix CrossAsset analytics into dfferentia, giving users access to a model library and a cost-efficient way to compare and contrast hedging strategies.
“We have seen the market really struggle with the valuation of OTC derivatives, but with calls for transparency and a move towards central clearing, struggling is not an option,” said Ralph Horne, global CEO and managing director, Dion. “To have any accurate assessment of holdings and exposures, and for risk to be properly managed, firms need a process they can rely on. The continued market uncertainties, increased regulatory oversight and constant evolution of new instruments and structures require market participants to be able to accurately price and manage risk emanating from OTC financial products. Dfferentia provides users with transparency.”