Michael Cashel Named Interim-CEO of Newly Launched Equity Venue, Luminex
- A total of nine leading investment management firms have coalesced into a new equity trading venue known as Luminex, installing Michael Cashel as its newest Interim-CEO.
A total of nine leading investment management firms have coalesced into a new equity trading venue known as Luminex, installing Michael Cashel as its newest Interim-CEO.
Luminex Trading & Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term LLC will operate as a fully independent entity that is targeting a launch in 2015 and will be headed by veteran leadership and governed by a comprehensive board of directors from each of nine leading investment firms. These include:
- BNY Mellon
- BlackRock
- Capital Group
- Fidelity Investments
- Invesco
- P. Morgan Asset Management
- MFS Investment Management
- State Street Global Advisors
- Rowe Price
According to Michael S. Cashel, interim-CEO of Luminex, in a recent statement on the inception, “Despite significant improvements in the overall efficiency of today’s equity markets, sourcing block Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term remains a complex and challenging endeavor for investment managers.
“Luminex is a well-capitalized, independent platform providing a low-cost solution to that challenge while putting investors’ interests first. Our goal is to build trust among users through transparent trading rules and protocols and efficient execution. Investment managers have a responsibility to continuously search for ways to better serve their clients.”
“Luminex facilitates that effort by seeking to deliver a lower cost and more efficient block trading experience to provide improved portfolio performance for investors over the long-term,” he added.
A total of nine leading investment management firms have coalesced into a new equity trading venue known as Luminex, installing Michael Cashel as its newest Interim-CEO.
Luminex Trading & Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term LLC will operate as a fully independent entity that is targeting a launch in 2015 and will be headed by veteran leadership and governed by a comprehensive board of directors from each of nine leading investment firms. These include:
- BNY Mellon
- BlackRock
- Capital Group
- Fidelity Investments
- Invesco
- P. Morgan Asset Management
- MFS Investment Management
- State Street Global Advisors
- Rowe Price
According to Michael S. Cashel, interim-CEO of Luminex, in a recent statement on the inception, “Despite significant improvements in the overall efficiency of today’s equity markets, sourcing block Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term remains a complex and challenging endeavor for investment managers.
“Luminex is a well-capitalized, independent platform providing a low-cost solution to that challenge while putting investors’ interests first. Our goal is to build trust among users through transparent trading rules and protocols and efficient execution. Investment managers have a responsibility to continuously search for ways to better serve their clients.”
“Luminex facilitates that effort by seeking to deliver a lower cost and more efficient block trading experience to provide improved portfolio performance for investors over the long-term,” he added.