The turbulence may reflect a limit with modern-day AI, which is built around finding and exploiting subtle patterns in large amounts of data. Just as algorithms that grocers use to stock shelves were flummoxed by consumers’ sudden obsession with hand sanitizer and toilet paper, those that help hedge funds wring profit from the market were confused by the sudden volatility of panicked investors.

In finance, as in all things, the best AI algorithm is only as good as the data it’s fed.

It’s one of the hottest jobs in America—and it has a revolving door.

US companies are rushing to hire chief diversity officers or elevate existing leaders to the position in the midst of pressure to address racial divisions and inequities within their organisations.

The role has long been marked by high turnover, with many in the position,...

Bank of Thailand Governor Veerathai Santiprabhob said that Covid-19 had caused widespread impacts on businesses and the general public. The Bank of Thailand has ordered commercial banks to draw up management plans for the next three years.

Two online trading majors – OANDA Corporation and GAIN Capital, have clashed in Court over alleged patent infringement.

A lawsuit has been filed by OANDA against GAIN Capital Holdings, Inc. and GAIN Capital Group, LLC (operating as FOREX.com) at the New Jersey District Court. FinanceFeeds has been monitoring the developments in this case, and, now that GAIN has responded to OANDA’s allegations, we are ready to provide our readers with an overview of this case.

In brief, OANDA accuses GAIN of patent infringement. The patents at the heart of this lawsuit are U.S. Patent Nos. 7,146,336 (“the ’366 patent”) and 8,392,311 (“the ’311 patent”).

The ?336 Patent teaches, inter alia:

“In one aspect, the present invention comprises a system for trading currencies over a computer network. A preferred embodiment comprises: (a) a server front-end; (b) at least one database; (c) a transaction server; (d) a rate server; (e) a pricing engine; (f) an interest rate...

ATLANTA, GA — Longtime Georgia Congressman John Lewis, the son of sharecroppers who became one of the "Big Six" leaders of the 1960s civil rights movement and spent his life fighting for racial integration, died Friday, seven months after he was diagnosed with stage 4 pancreatic cancer. Widely regarded on Capitol Hill as the moral compass of the Democratic Party caucus, the dean of Georgia's congressional delegation was 80 years old.

The Lewis family confirmed his death in a statement, writing:

2020 has brought the novel coronavirus, murder hornets, locusts, and a giant "Godzilla" Saharan dust cloud. As if that weren't enough to contend with, there's another potential threat that should be on your radar this summer. It's called Eastern equine encephalitis, or EEE, and known as the deadliest mosquito-borne illness in the United States.

“This virus first becomes widespread between one particular mosquito species, Culiseta melanura, that transmits the pathogen between birds in wooded swamplands,” says Brittany Campbell, entomologist for the National Pest Management Association. “Then, different mosquito species that feed on humans pick up the pathogen from infected birds and spread it to humans.”

C. melanura exists predominantly along the Gulf Coast, the Great Lakes, and the East Coast, so folks in those areas have the most risk of infection, Campbell explains.

SHARES of glove makers closed mainly lower this week, with their exuberance tempered by worries over detention orders in the US over at Top Glove, and amid intriguing "trading patterns" for such counters. 

UG Healthcare closed off this week with a loss of 16.8 per cent; Riverstone shed 1.5 per cent, while Top Glove bucked the trend with a 9.3 per cent gain. 

The counters were up on Friday, amid a muted session of trading on the Singapore bourse. UG Healthcare closed at S$1.64, rising S$0.32 or 24.2 per cent; Riverstone ended at S$3.21, up S$0.21 or 7 per cent, while Top Glove finished at S$7.52, gaining S$1.03 or 15.9 per cent. 

Top Glove on Thursday disclosed that the US Customs and Border Protection (CBP) had placed a detention order on disposable gloves manufactured by two of the company's subsidiaries. Such a move had been aimed at stopping imports from companies suspected of using forced labour, Reuters reported on...

After working in a multinational European trading company, a former lawyer apprentice decided to return to Australia and create Stake, Australia’s first platform for US stock trading.

Less than three years after its launch, Matt Leibowitz’s startup reached 100,000 customers this June.

As one of the companies that is thriving during the pandemic, Stake’s customer base is expanding fast – it reached a growth rate of 126 per cent of from January 2020 until now.

Stake was born out of Leibowitz’ frustration to trade US stocks within the Australian market.

“I was a trader at a high-frequency trading firm in Sydney and was sent over to the Chicago office, where I was based for over three years. I saw the amazing breadth and depth of opportunity available in the US stock market,” Leibowitz said.

He further explained, “When I returned home, I realised how difficult accessing those same opportunities were from outside the US.”

According to...

Good news for current and upcoming users of Boston-based Fidelity Investments’ robo advisor, Fidelity Go. Known for managing $2.46 trillion worth of assets across retirement and brokerage services, its Fidelity Go will waive fees for accounts under $10,000, starting from August 1, 2020.

Six jurisdictions told the Financial Stability Board they’ve identified financial products that cannot be moved off Libor, the soon-to-be-extinguished interest rate benchmark. Most said legislative action would be needed to deal with these so-called ‘tough legacy’ contracts. Four of these jurisdictions said products like floating rate notes and securitisations have high consent thresholds for changing their terms, meaning they could not be transitioned through simple contractual fixes.

Jason Waight, head of regulatory affairs and business management, Europe at MarketAxess, explains how investment in commercial transparency solutions has proven itself in 2020, and why this leaves a question mark over the potential value of a centralised bond tape

For the first time since the COVID-19 pandemic broke in March, Yale University’s School of Management welcomed MBA students back to its campus for in-person classes on July 10.

In this case, it was Yale’s incoming cohort of Executive MBAs who began a nine-day residency on the otherwise empty Yale campus. For the remainder of their first year, they will attend in-person and virtual classes every other weekend while continuing their professional lives. It’s the first of SOM’s master’s degree programs to resume in-person classes since the shift to remote instruction four months ago. And their arrival is also a harbinger of the new normal that MBA students are likely to experience when their classes resume in late August.

For Yale, it’s a controlled pilot with an incoming class of 77 students, 16 of them deciding to take advantage of the hybrid format SOM has adopted to do their classes remotely. “As the first class back, we’re leading the way in trying to figure...

Ocean plankton are the drifters of the marine world. They include algae, animals, bacteria, and protists that are at the mercy of the tide and currents. Many are microscopic, though others, like jellyfish, can grow to relatively ...

The EUR/USD is building a bullish breakout above the double top. An uptrend continuation is imminent as long as price stays above the key support zone (green box) at 1.1325.

The proposed rule change was actually a reversion to an original rule governing F-1 and M-1 students in the federal Student and Exchange Visitor Program. The rule had been changed when the coronavirus pandemic severely hampered international student travel; but schools did not expect the government to change the rule back until the pandemic had been brought under control, something which has not happened — and increasingly looks unlikely to happen by the time classes begin next month. DHS defines F-1 students as those pursuing academic coursework in the U.S. and M-1 students as those pursuing vocational coursework.

Schools were caught by surprise, but they reacted in remarkable unison, and got results. At a hearing on Tuesday (July 14) for the Harvard and MIT lawsuit, federal judge Allison D. Burroughs announced that the government had backed down — and in record time. According to a report in the Harvard Crimson, Burroughs said the parties agreed to a resolution...

The Value Composite One (VC1) is a method that investors use to determine a company’s value.  The Value Composite score of American International Group, Inc. (NYSE:AIG) is 39.  A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.  The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of American International Group, Inc. (NYSE:AIG) is 31.

Defining specific goals and creating an overall stock trading strategy can be a big help for the individual investor. Some investors are only interested in buy and hold strategies, while others will opt to try and capitalize on short-term market movements. Investors may also decide to do a little...

We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019.

By choosing I Accept, you consent to our use of cookies and other tracking technologies.

Bank Lombard Odier & Co Ltd, the Geneva-based wealth manager, has expanded its alternatives offering on the ‘PrivilEdge’ open architecture fund platform with the addition of PrivilEdge – Graham Quant Macro fund - a diversified, quantitative, multi-asset strategy.

Lucena Research, a leader in investment decision support technology, has partnered with Benzinga over newswire and analytics to seamlessly integrate news content into the Lucena Research AI QuantDesk platform.

As part of the development, Erez Katz, co-founder, and CEO of Lucena, spoke to Benzinga regarding his company’s commitment to helping investors gain access to what has been traditionally a luxury of the few with a clear goal of helping investors gain access to scientifically-backed investment decisions.

The Value Composite One (VC1) is a method that investors use to determine a company’s value.  The Value Composite score of Vertex Pharmaceuticals Incorporated (NasdaqGS:VRTX) is 78.  A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.  The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of Vertex Pharmaceuticals Incorporated (NasdaqGS:VRTX) is 78.

With most types of investments, there is typically some level of risk. This is no different when dealing with the stock market. Investors have to decide how much risk is acceptable and plan accordingly. Many new stock market investors face the challenge of deciding where to begin....

Starting July 13th, San Francisco Zoo and Gardens can reopen with a safety plan, shoppers can use reusable shopping bags, and City will provide clarification for safe boating and fishing practices. Additional reopening dependent on improvement of COVID-19 impact on City

San Francisco, CA – Mayor London N. Breed and Director of Health Dr. Grant Colfax today announced that the City will substantially continue the pause on reopening that began June 29 until the COVID-19 Key Health Indicators improve and the spread of the virus is brought under control once again. San Francisco is currently experiencing a rise in COVID-19 transmission, cases, and hospitalizations that is forcing the City to slow down reopening to protect community health.

HENDERSON, Nev.--(BUSINESS WIRE)--Aldec, Inc., a pioneer in mixed HDL language simulation and hardware-assisted verification for FPGA and ASIC designs, has launched a new FPGA accelerator board for high performance computing (HPC), high frequency trading (HFT) applications and high speed FPGA prototyping. The HES-XCKU11P-DDR4 is a 1U form factor board featuring a Xilinx Kintex® UltraScale+™ FPGA, a PCIe interface and two QSFP-DD connectors (providing a total of up to 400 Gbit/s bandwidth), and which hits the ideal sweet spot between speed, logic cells, low power draw and price.