LONDON and NEW YORK,
April 16, 2019 /PRNewswire/
-- CME Group, the world's leading and most diverse derivatives
marketplace, today announced that it has launched ENSO Data
Insights, a community benchmarking tool which leverages ENSO's
alternative data set to help customers make more informed
investment decisions.
ENSO Data Insights provides hedge funds, asset managers and
banks with access to a diverse pool of global multi-asset class
securities to help them compare best execution financing rates,
trend analysis for long and short position sector changes, sector
breakdown, top position movers, crowdedness scoring, and the most
active stock borrow rate changes as it relates to the ENSO
Rate. The tool helps clients evaluate how market dynamics
are driving costs and demands to borrow stock, optimize
counterparty management and seize alpha-generating
opportunities.
"Until now, the market has had limited access to aggregated and
anonymized long and short alternative data," said Paul Busby, Global Head of ENSO. "ENSO Data
Insights taps into our derived data to provide the market with a
unique insight into how trending securities are being positioned by
alternative fund managers. This allows for an enhanced analytical
process, driving better informed investment and best execution
financing decisions."
ENSO is the market leading technology innovator in the portfolio
finance and treasury industry and has over one trillion in Assets
Under Administration (AUA), covering 33% of the global hedge fund
equity long short market. Data Insights is now accessible to ENSO's
global client base.
ENSO is a part of CME Group. As the world's leading and
most diverse derivatives marketplace, CME Group (www.cmegroup.com)
enables clients to trade futures, options, cash and OTC markets,
optimize portfolios, and analyze data – empowering market
participants worldwide to efficiently manage risk and capture
opportunities. CME Group exchanges offer the widest range of
global benchmark products across all major asset classes based on
interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are
trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB,
and Traiana, Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
trademarks of Dow Jones Trademark Holdings LLC, Standard &
Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as
the case may be, and have been licensed for use by Chicago
Mercantile Exchange Inc. All other trademarks are the
property of their respective owners.
CME-G