Imagine Software Bolsters Offering with Real-Time Pricing from Asia's Most Important Markets; Imagine Signs Market Data Agreements with Hong Kong Stock Exchange & JASDAQ.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Imagine Software, the leading provider of on-demand trading, portfolio, and risk management solutions for the global financial industry, today announced it has added more live market data from key Asian stock exchanges to its offering. Specifically, Imagine has signed agreements with the Hong Kong Stock Exchange The Hong Kong Stock Exchange (Traditional Chinese: 香港交易所, also 港交所; abbreviated as HKEX; HKSE: 0388 ) is the stock exchange of Hong Kong. and JASDAQ Jasdaq See: Japanese Association of Securities Dealers Automated Quotation System to provide real-time market data to customers effective immediately. Currently, the Hong Kong Stock Exchange ranks 8th in the world, as measured by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of listed companies. Based in Tokyo, JASDAQ is a market aimed at small and venture companies and is modeled after the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on in the United States. With the addition of Hong Kong and JASDAQ, Imagine now provides its customers with live market data from all of Asia's most important exchanges, including The Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. , The Australian Stock Exchange Australian Stock Exchange (ASX) Australia's major securities market, formed when the six state stock exchanges (Adelaide, Brisbane, Hobart, Melbourne, Perth, and Sydney stock exchanges) were merged in 1987. , The Singapore Exchange (securities), the Osaka Securities Exchange Osaka Securities Exchange (OSE) Established after World War II, one of the three major securities markets in Japan. and the Taiwan Futures Exchange Taiwan Futures Exchange (TAIFEX) was established in 1998, it offers futures and options on major Taiwan stock indices, government bond futures, equity options and 30-day CP interest rate futures. . "We recognize that more and more of our clients are actively trading in the Pacific Rim markets," said Steven Harrison, President of Imagine Software. "As a result, we continue to expand our pool of independently maintained market data so clients can assess and execute their strategies across Asia and the rest of the world on a timely basis with complete confidence." "Market studies show there is about US$100-115 billion in hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" assets in the Asia-Pacific region and the region is certainly one of increased focus for both hedge funds and traditional money managers," noted Denise Valentine, Senior Analyst with the Securities & Investments Group of Celent, a research advisory firm. Imagine's robust data offering also includes real-time data from all the major U.S. and European securities and derivatives exchanges. "Data is a vital component of our product offering," noted Steven Harrison. "We continue to work with exchanges around the world to ensure that Imagine customers have access to the widest universe of real-time pricing and market information." Celent's Denise Valentine added "Hedge funds are increasingly looking to technology to establish their firm's core infrastructure - portfolio systems that combine connectivity, management, comprehensive security valuation, risk analytics and processing services. Data management is also a particular pain point for hedge funds." Imagine also provides comprehensive management of the live data it offers customers. Imagine diligently monitors, scrubs, and makes available corporate actions data to all users. The validated corporate actions data ensures all positions are updated on a nightly basis to reflect splits, mergers, name changes, consolidations, posting of dividends, coupons, accruals, resets, payments and new issuance. About Imagine Software Imagine Software is the leading provider of on-demand investment management solutions for the global financial industry. Its flagship product, the Imagine Trading System, is a real-time, cross-asset trading, portfolio, and risk management solution available as an enterprise application and an on-demand platform at Derivatives.com. Developed for alternative investment companies of all sizes, Derivatives.com combines proven enterprise functionality with an on-demand platform that maintains comprehensive market data and automates key business processing services. Imagine Software serves thousands of users worldwide, ranging from major brokerage firms and banking institutions to hedge funds employing all major asset classes across any trading strategy. Imagine Software is one hundred percent owned by its four managing directors. For more information, visit www.derivatives.com or contact us at 212-317-7600. |
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