Artificial intelligence is not just the domain of asset managers. Taken from Signal magazine is a decidedly timely article on the changing face of war. With all the rhetoric and tough talk about who gets to nuke who first a quick read into the changing dynamic of modern warfare makes the threat of all out … Continue reading #dailydoug Army Face of War and artificial intelligence | Georgia the land of altcoins
As bitcoin and altcoins in general come out of the shadows and become mainstream they come with a new cost. The promise of a decentralized alternative new world currency without an intermediary and the establishment of trust through cryptography looks a bit dented. Making digital-token offerings more popular means cleaning up thier reputation. That means … Continue reading #dailydoug your bitcoin may not be a bitcoin
Yesterday I touched on Vanguards decision on their research unbundling after mifidII. Markets in Financial Instruments Directive, known as MiFID II, comes into force in January 2018 and will asset managers in the EU will need to fundamentally review how they get and work research. All told this is a huge shift for the traditional … Continue reading #dailydoug dealing with mifidII and quant strategies
Vanguard Investment Management announced to the financial times over the weekend that it will absorb external research costs under the new Mifid II "research unbundling" rules. Making many of its undecided competitors like Blackrock look even less prepared for the upcoming mifid deadlines. So once the deadline hits Vanguard will essentially stop charging investors for … Continue reading #dailydoug Research unbundling decision from Vamguard
Last year Credit Suisse Got a lot of front and center when they launched a quantitative trading hedge called Qube. This was about October 2016. Now less than a year later the whole unit is set for a spin-off. Qube had (or has?) roughly $1 billion in assets. So while it's not mega bucks it's … Continue reading #dailydoug While credit suisse dumps its quant fund after only a year others look at more utopian fund management ..oh and will bitcoin give out at $3200?
A few posts back I talked about grappling with your conscience if you were to buy into a dodgy currency like potcoin. In retrospect this seems like a kidstuff compared to what you need to think about when you look at what Singapore's financial regulatory body and central bank, the Monetary Authority of Singapore (MAS) … Continue reading #dailydoug Cryptocurrencies, fraud, terror, #ai trading, Brickblock and whatever else you need to know in #finance today
First off. Where there's bacon n there kabbage. SoftBank group just decided to plough $250 million into the small business loan maverick kabbage. Understanding what makes kabbage special is all about it understanding the plight of small business credit and the difficulty with which they can access credit, what makes kabbage different is its ability … Continue reading #dailydoug Things moving in finance
The article then runs don into a rambling conversation around compliance regulation like European MAR for insider trading and then back to open data. Whole lot of article with in vogue terminology just to capture your glance.