Point72 contacts other investing apps after Robinhood data taken down - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Steve Cohen's Point72 and other hedge funds are sending urgent requests to find a replacement after Robinhood's data on hot stock trades suddenly went dark

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Point72 has reached out to other trading platforms and investing apps in a hunt for new trading signals, according to people with direct knowledge of the outreach. Steve Cohen's hedge fund is just one of several hedge funds that have been reaching out in the last 24 hours, one of the people said. Point72 is among hedge funds scrambling to find alternative data sources after day-trading app Robinhood decided to stop providing data on which stocks are most popular on its platform, according to people with direct knowledge of its outreach.

The market-intelligence data team's job is to find and vet thousands of alternative data providers each year. A Point72 spokesperson declined to comment. "I've gotten plenty of emails from hedge funds, prop firms, other financial institutions who are interested in the data," Primozic said in the TV interview.Robinhood would stop publishing how many clients held a particular stock, citing a Robinhood spokesperson who said the data was often "misconstrued" and "misunderstood." The spokesperson also told the business news website that the company will limit access to its API.

Avast's Jumpshot was permanently shut down due to privacy issues while Envestnet's Yodlee dealt with congressional inquiries.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

The alternatives and proxies for Robinhood's popularity data are out there, but one needs to know where to look at

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 729. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Inside Equifax's cloud migration and digital transformation strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Business Insider's best investing stories of the week ended August 11 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Investing strategy: Paul Tudor Jones shares 7 timeless trading rules - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1. Buy bitcoin; 2. Buy bitcoin; 3. Buy bitcoin; 4. Buy bitcoin; 5. Buy bitcoin; 6. Buy bitcoin; and 7. Buy bitcoin.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

IBM, Amazon, others create super group to hire marginalized candidates - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. as long as they work like slaves for low pay yeah hell yeah Nice. Now they’ll be destroyed from the inside
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

TikTok collected user data in violation of Google policies: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😱 Who would’ve thought AwakenedOutlaw Google-pot tik tok-kettle
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »