Connors Group Powers Up 'The Machine'

Connors Group chief executive Larry Connors says the vendor originally planned to launch The Machine last September in its original incarnation as a screening tool that derived a value-known as an "edge"-for how likely a stock is to move up or down and over how long in certain circumstances, based on historical performance. The Screener runs 1,700 models based on historical edges in real time against the 1,500 most liquid stocks and exchange-traded funds on US exchanges, and can be sorted by

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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