GK Capital Management Teams With Israeli Firm To Develop Equity Derivatives Software

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GK Capital Management Inc., a Bloomington, Ill.-based money management firm, has announced a joint venture with Eventus R&D Ltd., a Tel Aviv, Israel-based technology boutique specializing in applying mathematical techniques to finance. According to GK Capital officials, Eventus will develop algorithms and software that will be used by the money management firm. These projects include a trading system for equity derivatives that is scheduled for implementation later this year.

According to Dan