#dailydoug your bitcoin may not be a bitcoin 

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 

#dailydoug dealing with mifidII and quant strategies

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

#dailydoug Research unbundling decision from Vamguard

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

#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?

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?

#dailydoug Cryptocurrencies, fraud, terror, #ai trading, Brickblock and whatever else you need to know in #finance today

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

#dailydoug Things moving in finance

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

#dailydoug Whenever I read and article in linkedin or other web source that throws around phrases like “darkweb” it’s usually an indication of click bait. This is just the case with this article. Hedge funds running to the dark web to get a head start on competitors. What information can a hedge fund pick up from the dark web that couldn’t be pulled out or detected further down the line with a run of the mill enhanced due diligence tool?

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.

#dailydoug Ethereum, Mastercard, Cisco, online gaming

Where Artificial Intelligence, networking nerds and the mob and terrorism all meet. Cisco has just joined up to the EEA which in itself is not so surprising. Cisco has been declining in things that really matter for a while now.  Routers and networking hardware are their bread and butter but they have their limit. Declining … Continue reading #dailydoug Ethereum, Mastercard, Cisco, online gaming