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Tag Archives: Renaissance Technologies

AI is changing this industry. Now what? Blockchain,Blog,Commentary,CryptoMarkets,Feature,Fintech

I spent last week listening to experts in artificial intelligence talk about what AI can and will bring to the markets and the broader world.   What is patently clear is that AI is here now and is only going to expand. As Jay Biondo, product manager, surveillance at Trading Technologies told me, it’s everywhere already – from Amazon’s Echo (usually called Alexa) to Netflix’s suggested picks. It’s part of Charles Schwab’s brokerage service which will allow its brokers to service thousands instead of hundreds of customers, according to Jack Boyle, vice president derivatives & trading support at Charles Schwab,…

Goldman’s options retreat; ICE says not over-reliant on data sales; RenTech’s Mercer steps down John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Earlier this week, Philip Bergstrom, the brother of Jeff Bergstrom (CIO of John J. Lothian & Company, Inc.) passed away. Phil lived in California for most of his adult life, but grew up in Glenview, IL. Phil was also the step-brother to John Lothian’s wife Cheryl. We offer our condolences to the Bergstrom, Lothian and Howard families.~JLN Congratulations to Nasdaq CEO Adena Friedman, who was named as #20 on Forbes 2017 Most Powerful Women list.~JJL The annual energy consumption for Bitcoin transactions is now estimated at more that 24 TWh, which is…