Retail News CRM

Tag: Thomson Reuters

  • Thomson Reuters launches bitcoin sentiment gauge

    Thomson Reuters launches bitcoin sentiment gauge

    Thomson Reuters Corp is to track and analyse chatter about bitcoin on hundreds of news and social media websites to help investors looking for an edge in trading the world’s biggest cryptocurrency, the company said today.

    A new version of its MarketPsych Indices, which it runs in conjunction with MarketPsych Data LLC, a behavioural economics research firm, will scan over 400 websites, many specific to cryptocurrencies, to capture market-moving sentiment and themes, Thomson Reuters said in a statement.

    Digging through market chatter and analysing online sentiment has long proven popular among traders of traditional asset classes.

    The boom in the prices of cryptocurrencies in recent years has spurred a huge online industry where individuals exchange trading ideas in forums and news websites report on the latest developments in the industry.

    Many analysts have linked online activity, for example Google searches for “bitcoin”, with the price of the best-known cryptocurrency.

    “News and social media are driving the investment and risk management process more than ever with the continuing rise of passive and quant-driven trading,” said Austin Burkett, global head of quant and feeds, Thomson Reuters.

    Bitcoin’s price gained more than 1,300% last year as investors piled in, and since peaking at close to US$20,000 (RM78,000) in December has lost more than half its value. It was trading at around US$9,600 on the Luxembourg-Bitstamp exchange today.

    Lees ook:

    Lees ook:

    Lees ook:

  • Standard Chartered and IBM back Byte Academy’s Singapore fintech school

    Standard Chartered and IBM back Byte Academy’s Singapore fintech school

    Standard Chartered Bank, IBM, Insead, Thomson Reuters and Microsoft are backing a fintech school at New York-based Byte Academy’s first international venture, in Singapore.

    The firms have come together to form a fintech skills charter that will guide Byte Academy’s 12-week and eight-week courses for students focussing on fintech and software development.The 12-week full-time courses will provide the fundamentals for students to work on real, industry-specific problems and allow for interaction with industry partners to prepare for direct placement and job matching upon graduation. Students that graduate receive guaranteed job placements at the bank and tech partners.

    Shameek Kundu, global head, data, architecture and innovation, Standard Chartered, says: “The establishment of Byte Academy is another progressive initiative which will help to fuel Singapore’s Smart Nation ambitions by adding to the country’s great ecosystem of financial institutions, technology companies, universities and research organisations.”

    Nobuhiro Ito, director, developer experience and evangelism, Microsoft Singapore, adds: “Byte Academy’s presence here in Singapore will help accelerate skills development that will help contribute to a more vibrant FinTech ecosystem and build a stronger Singapore core.”

    Lees ook:

    Lees ook: