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Tag Archives: Big Data

Trump to tap Powell for Fed; UK fintechs eating banks marketshare; Regulators warning about robots John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Congratulations to CME Group employees who supported October Pink for a Purpose campaign. Their efforts brought in more than $50,000. When you include CME’s corporate donations, more than $175,000 will go to @BeBrightPink and more than $16,000 will go to @CR_UK for the early detection, prevention and research for breast and ovarian cancer.~JJL The Treasury released its report on year-end 2016 U.S. portfolio holdings of foreign securities.. The largest holdings of foreign securities by country were the Cayman Islands with $1.37 trillion, the United Kingdom with $1.20 trillion, Japan with $854 billion…

The Industry Discusses the Big Data Boom, Part II Feature,Mwiki,Video,video

At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This fourth video in the series is the second of our videos to cover the effects and future of the big data boom. In part two, Jared Broad, CEO of QuantConnect, Rob D’Arco, CEO of Rival Systems, Julie Armstrong, global head of market technology services for CME Group, Julie Winkler, chief commercial officer for CME Group, Alli Brennan, director of marketing and product management for CQG, Steve Tumen, CEO of Deep…

The Industry Discusses the Big Data Boom, Part I Feature,Video,video

At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This third video in the series covers the effects and future of the big data boom and will be accompanied by a second video on the subject. In part one, John Omahen, head of product strategy with FIS, Yuriy Shterk, head of derivatives product management for Fidessa, Davor Frank, senior solutions architect with Solarflare, and Ciarán Kennedy, chief sales officer for Metamako discuss the benefits and struggles surrounding big data.

Deep Dive: The Boom In Big Data Could Mean Democracy For All Commentary,Feature,MarketsWiki Education,MWEd,Mwiki,Video,video

Note: Scroll to the bottom to view the video in three smaller segments.  The global financial markets are facing perhaps the biggest technological cycle in its history, with the growth of faster technology and the advent of cloud and now new data mining tools. JLN’s Jim Kharouf spoke with Drew Shields, chief technology officer at Trading Technologies and Julie Armstrong, executive director, global head of market technology services at CME Group about the latest trends in data and how that is reshaping the industry. Armstrong said that the industry trend may be toward a common data format, or even a…

We All Love Data: Barchart’s Latest Move Continues The Trend Of Firms Pushing Further Into The Data Space Commentary,Feature

It’s all in the data. Yesterday’s announcement from Barchart about its new commodities data offering, called cmdty, is part of the drumbeat of new products and services that are designed to bring something new to the market participants they serve. “We want to differentiate ourselves,” said Keith Petersen, head of strategy at  Barchart. “Aggregating and compiling new data sets and cleaning them so people don’t have to do that themselves and distributing that to them in easy-to-use formats, that’s our value-add.” In many ways, this is only the beginning for data. In Barchart’s case,  the cmdty product’s focus is on…

It’s All About the Reach – Julie Armstrong Menacho Feature,MarketsWiki Education,MWEd,Video,video

“You don’t have to [meet] every credential and be an ‘A’ on all of it to get to that next role. You just have to believe you can do it, and you need to make others believe you can do it.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Julie Armstrong Menacho, global head of market technology services at CME Group, talks about her winding path from the University of Kentucky to the CME and the lessons she learned along the way. Menacho started with an internship at oil giant Valvoline, went on to work for…

CBOE After Hours Liquidity; OCC on Data; Point72 algo trader hired from Citadel Newsletter,Options

Lead Stories ETH Liquidity Continues to Improve Matt McFarland – CBOE Options Blog CBOE’s Extended Trading Hours (ETH) offers trading in the Exchange’s flagship SPX, SPXW, and VIX option products beginning at 8:00 a.m. London time. CBOE made ETH available in March 2015 and has seen significant growth in 2017. Liquidity has continued to improve and has most recently dramatically increased with the entrance of two London-based dealers willing and able to commit capital to trades. Average daily volume has jumped from 4,400 contracts in 2016 to 7,500 in 2017, a 70% increase. August is on pace to be the…

What Opportunities Does Unstructured Data Present? – Joe Gits Feature,MarketsWiki Education,MWEd,Video,video

“Financial professionals spend about 80 percent of their time managing data, and only about 20 percent of their time generating excess return for each giving unit of risk.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Joe Gits, CEO of Social Market Analytics, breaks down how unstructured data can benefit your trading.  Social media posts, news articles and blogs are all sources of potential market moving information. The trick is parsing through all of the data and using it to your advantage. Gits reveals how market participants can stay ahead of the curve using unstructured…

B23’s Mark Bittman: Characteristics of a Data Analytics Platform Tech / HFT,Video,video

Speaking at Barchart’s FinTech Exchange Chicago conference in April, B23’s Mark Bittman outlined what it takes to build a data analytics platform while harnessing the power of the cloud. In this video he explains why a platform needs to scalable, flexible, composable and transparent.