Industry Leader Recognizes Connors Group, The Machine for Innovation in Market Data
05/19/2010
Inside Market Data, among the leading publications in the financial data industry, announced that The Machine, the breakthrough trading and portfolio-building solution developed by Connors Group, was named a finalist for the 2010 Inside Market Data Innovative Market Data Project award.
"We are proud to be recognized for this honor," said Larry Connors, founder and CEO of The Connors Group, "and we are especially pleased to see such a positive reception for The Machine. It is our commitment to provide our customers with the best ways to find the edge they need in trading the financial markets. This recognition by Inside Market Data is consistent with the surge of early support we've received from our customers who are adopting the product and helping us continue to grow The Machine."
Connors Group and The Machine are joined by four others in the vendor category. Judges for this category include representatives from Morgan Stanley, JP Morgan Chase and HSBC among the 12-member panel. The awards are presented annually to recognize achievement in market and reference data, as well as enterprise data management. The winner of the 2010 award will be announced in New York on May 26, 2010.
About The Machine
The Machine is the financial industry's first and most comprehensive solution for building quantified, high-performance, backtested portfolios. Scanning the market throughout the trading day with 20-second updates, The Machine computes current edges for all liquid stocks and equity exchange-traded funds (ETFs). The speed and ease of use of The Machine allow traders and money managers to test a variety of high performance trading strategies within a consistent framework of rigorous statistical analysis.
About The Connors Group
The Connors Group is a leading innovator in the development and distribution of financial market trading information and data for both the institutional investment community and the individual investor and trader. Through its research arm, Connors Research, the firm builds and develops model-driven, quantitatively validated trading methodologies based on a proprietary, continuously-curated core database of U.S. equity trades.
For more information about The Machine and The Connors Group, contact Mark Angil, Executive Vice President, at +1-973-494-7311, extension 1.