Stockgroup Buy Boosts Barchart Equities Biz

Eero Pikat, CEO, Barchart

Chicago-based data provider Barchart plans to complete the transition of Canadian data supplier Stockgroup's data hosted services clients to its own data services by the end of October, after announcing its acquisition of the business last week to bolster Barchart's division that provides data and content to client web portals run by trading firms.

Under the deal, around 50 former Stockgroup clients from the financial and media sectors - including Raymond James, MSN Canada and the Canadian Press

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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