The world’s social media platforms and financial markets are lighting up about cryptocurrencies and “initial coin offerings” (ICOs).  Are you getting caught up in the buzz?

There are tales of fortunes and dreamed realized. But this time its different. As the crypto revolution investors and the generally easily seduced can't get enough of virtual currencies. Loads out there to make you feel like the FX expert.  All neatly named too to rival bitcoin; Ethereum, ripple, Litecoin are some of several alternative … Continue reading The world’s social media platforms and financial markets are lighting up about cryptocurrencies and “initial coin offerings” (ICOs).  Are you getting caught up in the buzz?

The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market – Bloomberg

https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market Because bitcoin is a digital currency and not a security there’s no prohibition against a trade in which a group agrees to buy enough to push the price up and then cashes out in a minute. Worth reading that paragraph again. Just so it sinks in. Especially if your are thinking of tracing in … Continue reading The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market – Bloomberg

Autonomous vehicle race heating up this week.

There has been so much activity in the field of autonomous vehicle this week that it s difficult to know where to begin. While Tesla faffed about with delays on their model 3 http://www.marketwatch.com/story/tesla-shares-shake-off-the-bad-news-of-model-3-delivery-delays-2017-10-03 They also decided to not bother too much about the much anticipated autonomous cargo vehicle. And pushed out the preview of … Continue reading Autonomous vehicle race heating up this week.

#Ryanair, #Bombardier, #Telecom Italia 

EUROPEAN COMPANY NEWS Ryanair pilots dilemma still dragging on this week.  After it was was warned last week about "action, not words" by British aviation regulator. After it somehow for got to tell 400,000 customers of flyer rights after cancelling flights right up to Christmas 2017. This week they are in more hot water after latest compensation … Continue reading #Ryanair, #Bombardier, #Telecom Italia 

#dailydoug Army Face of War and artificial intelligence | Georgia the land of altcoins 

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 

#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