Hedgies Keeping Track of Trends
Traders Magazine, October 2004
Traders and hedge fund managers looking to spot short-selling trends against their positions are the target market of a new product from SunGard. It is offering weekly and daily industry averages that are computed from stock borrowing data. It comes as no surprise that vendors are finding opportunities in the hot hedge fund industry. However, SunGard says its Securities Borrow Indices has the edge over major competitors. These provide similar data, but only on a monthly basis.
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