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Tag Archives: social media

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…

Twitter’s New Followers — CBOE and Social Market Analytics Team Up for New Sentiment Index Based on Social Media Data Blog,Feature,Mwiki,Options

Can you trade off of Twitter? The Chicago Board Options Exchange and its partner Social Market Analytics (SMA) believe so. The two firms are partnering on a suite of sentiment-based indexes that use tweet data to generate alpha. The first of the suite, the CBOE-SMA Large-Cap Index (SMLC Index), debuted on July 29. The index is simply published by CBOE at this point, but a tradeable contract may be coming. Joe Gits, CEO and co-founder of SMA, has been watching and monitoring Twitter for years. Gits has a background in quantitative analytics, and, soon after Twitter debuted in 2006, Gits…

John Lothian News Special Report: Global Regulation on Record-Keeping and Trade Reconstruction is Being Widely Ignored in Relation to Social Media Blog

by Paul Christensen, CEO, Green Key Technologies Last week one of GreenKey’s advisory board members, Jill Sommers, a former CTFC Commissioner, wrote a blog about record-keeping requirements. Her punchline: “The data produced from daily communications continues to explode with the growth of social media and the technological evolution of financial markets, and we need new tools to ensure that record-keeping is robust and effective.” One of the challenges that market participants face, both senior managers within regulated firms and the regulators themselves, is how to capture, store, analyze and retrieve the vast quantities of data that are produced from daily…

A Fortune Built on the Back of Prayers Blog,Commentary

John Lothian

Last week I announced on Facebook to my family and friends that I was headed to surgery again on my back. More about that later, but the response I received on Facebook made me realize why Mark Zuckerberg has become the fourth richest man in the world. My list of Facebook friends responded to news with best wishes, but more importantly with promises of prayers for my healing and well-being. This is not an uncommon experience on Facebook when people share challenges such as mine. Some of the people I am friends with on Facebook are from high school. Some…

STAC Tackles Volatility, Social Media and Blockchain Blog

STAC Conference

The Security Traders Association of Chicago holds its Midwinter Meeting this week at the Hilton, bringing in industry participants from a variety of warmer climes than Chicago. Day one covered such seemingly disparate issues as volatility and volatility products, social media for traders, and Bitcoin/Blockchain technology.   Some highlights from the panel called “Volatility: Shaken Up with New Products and Less Risk”, moderated by the CBOE’s Matt Moran, included: If you look at skew worldwide, it is highest in the U.S.  One reason for this, according to Joe Aiken from Malachite Capital Management, is that most S&P option activity is…

Guest Commentary: SEC Socializes Public Disclosure Commentary,Regulation

SEC

Guest Commentary by Eric Hazard and Jade Faugno of Intermarket Communications. Intermarket Communications is a specialist in strategic communications, public relations and marketing consulting to financial services providers. Intermarket’s client base includes asset managers, hedge funds, broker-dealers, investment banks, financial technology providers and exchanges, as well as derivatives and commodities specialists. Eric Hazard is a Vice President with the firm, having joined in 2007. Jade Faugno is an Account Executive and has been with Intermarket since 2011. In the immortal words of Heraclitus, “change is the only constant,” and once again the financial services industry – and those who communicate…

John Lothian Newsletter: Chi-X Poaches Getco’s Fildes as Australian CEO; Swaps Among Bank Affiliates Exempt Under CFTC Clearing Rule; S.E.C. Sets Rules for Disclosures Using Social Media John Lothian Newsletter,Newsletter

Chi-X Australia gets a new CEO from GETCO. Banks are covered under new Dodd-Frank swap market rules, unless they happen to be trading between their own affiliate companies. Spinoffs, anyone? The SEC announces guidelines and an affirmation that under certain circumstances it is ok for companies to use social media to announce things.

Nils-Robert Persson Talks About Cinnober and the Growth of Real-time Risk Management Interview,Regulation,Tech / HFT,Video

Nils-Robert Persson

There are some firms who are ahead of the curve and profit from it. Cinnober Financial Technology, the Swedish-based provider of electronic trading platforms was certainly one of them when it began pushing real-time risk management technology for trading and clearing platforms long before the 2008 financial crisis. Now its an integral part of the marketplace. Nils-Robert Persson, executive chairman for Cinnober spoke with JLN editor-in-chief Jim Kharouf about  the speed of execution and clearing systems, as well as what’s next for the firm.

Allan Schoenberg on the Evolution of CME Group’s Social Media Strategy Interview,Tech / HFT,Video

Allan Schoenberg

Allan Schoenberg, Executive Director of Corporate Communications at CME Group, highlights new social media initiatives and describes how their social media strategy has evolved since they first created a Facebook page five years ago. In this conversation with JLN Publisher John Lothian, he explains how CME Group increasingly utilizes social media as a content distribution platform to discuss market issues with customers, partners and other stakeholders. Schoenberg cites relationships with BM&FBOVESPA, MexDer, Dubai Mercantile Exchange and exchange partners in Asia that help CME Group distribute regional, language specific content to unique international audiences. Specifically, CME Group has used Weibo.com (a…