New York (HedgeCo.net) – Data Explorers, provider of securities lending data, tracking short selling and institutional fund activity across all global market sectors, today announced the launch of its new hedge fund iPhone app, the first of its kind for the global securities lending market.
“The long reign of BlackBerry as the securities lending professional’s favorite gadget is under threat from the new generation of iPhones that have already been adopted by leading financial institutions,” said Jonathan Morris, Chief Operating Officer at Data Explorers.
“We have squeezed 3 million transactions covering $12 trillion of securities in the lending programs of over 20,000 institutional funds into an iPhone app. Our clients can monitor live changes in short selling activity and holdings of institutional investors at a stock, sector and market level, as well access our newswire and video features that are updated throughout the day,” he added.
The Data Explorers iPhone App is a fully featured market data and news application with market and sector overviews, single security tear sheets and customizable watch list, as well as daily news, videos and features about short selling and institutional fund activity. Data is updated throughout the day live from the Data Explorers API, DX Open.
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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