GE Healthcare ($GE) is readying space in Helsinki to host new startups, according to a report–a strategic way to tap into new technology as it continues to expand globally.
ITG announced the launch of ITG Smart Limit Algorithm, or "SLimit". ITG Smart Limit Algorithm employs logic to determine optimal order pricing, sizing and routing in order to balance spread capture opportunities and adverse selection risk. "ITG Smart Limit Algorithm enables institutional traders to compete effectively with high frequency traders when supplying liquidity since it uses similar trading technology and techniques," said Jeff Bacidore, head of algorithmic trading at ITG. He added, "Clients can use SLimit directly when working orders manually or indirectly when using an existing ITG algorithm." Read more.
Channel News Asia: Steve Blitz, chief economist at ITG, said: “The economy was slowing a little from the pace that was set late summer, early fall, but obviously the slowdown got exacerbated by the weather.” Read more.
New York Times: “If one is looking for a positive sign for home buying later this year as well as for autos, this is the most powerful one,” wrote Steve Blitz, the chief economist at ITG Investment Research. Read more.
|A day after the European Central Bank (ECB) did what everyone thought it would do and didn't cut interest rates, Capital Economics thinks president Draghi knows he needs to act sooner rather than later, and that there's a good chance he will. But Steve Blitz, chief economist at ITG, says there wasn't much the bank could do anyway: "Can we now all agree that central banks cannot create inflation out of thin air?" The situation in the Eurozone is not as optimistic as many would have. Continue reading.|
ITG Investment Research's Steve Blitz says we could see breakout growth in 2014. Watch the interview.
ITG Investment Research said Wednesday that it has downwardly revised its Q4 sales estimate for LinkedIn to a range of $437 million to $442 million, or $439.5 million at the midpoint. "In November, we saw an unexpected deceleration in order volume following several months of stabilization," ITG analyst Steve Weinstein wrote in a research note. Continue Reading
Western Canadian Select heavy crude rose $1 a barrel to a $30.25 discount to U.S. benchmark West Texas Intermediate oil, according to Calgary oil broker Net Energy Inc. WTI settled at $96.04 a barrel on the New York Mercantile Exchange. That difference reflects the cost of about $20 a barrel in moving the oil to the Gulf Coast from Alberta, said Judith Dwarkin, chief energy economist at ITG Investment Research Inc. “What that’s telling you is that the marginal barrel of Canadian heavy is clearing at the Gulf Coast,” Dwarkin said in a phone interview from Calgary. Continue Reading