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MiFID II Transparency Puts Stress on Data Architecture

Buy-side firms are facing huge changes in disclosure and transparency requirements, which could upend their data management architectures, according to this guest commentary from FlexTrade.

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November 1, 2004

Hedgies Keeping Track of Trends

By Staff Reports

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.

SunGard's product tracks short interest numbers that exchanges offer once a month. SunGard's Borrow Indices measures the value and the growth of the S&P 500, 400 and 600 daily. They also follow the NYSE and the Nasdaq. Also included in the product is a weekly report that goes into more detail. It will also include the industries with the highest share borrowing, as well as those that have had the largest decreases and increases in borrowed shares over the previous week.