Software:Alpha capture system
An alpha capture system is a computer system that enables investment banks and other organizations to submit "trading ideas" or "trade ideas"[1] to clients in a written electronic format, for example TIM Group's TIM Ideas product or Bloomberg LP's Trade Ideas product.[2]
Introduction
Financial Services Authority Markets Division: Newsletter on Market Conduct and Transaction Reporting Issues, Issue No. 17, September 2006,[3]
First used in 2001 by Marshall Wace[4] they are an alternative to the traditional stockbrokering approach of communicating ideas and strategies to clients face-to-face or over the telephone.[3]
The term alpha capture refers to the aim of such systems to help investors find alpha or market-beating returns on investments.[4]
Submitted trade ideas are accompanied by a rationale, timeframe and conviction level[3] and enable investors to quantify and monitor the performance of different ideas.[3][4]
References
- ↑ [1] TIM Ideas
- ↑ "What is Options Trading?" (in en-GB). https://www.closeoption.com/blog/are-options-trading-and-gambling-the-same/.
- ↑ 3.0 3.1 3.2 3.3 Market Watch, retrieved 8 January 2009
- ↑ 4.0 4.1 4.2 Wall Street Redefined by Bill Alpert, First Coverage, retrieved 8 January 2009
 |  |
