The BLACK APP 2.0 provides the buy-side and sell-side with powerful real-time short interest, authoritative securities finance rates and unmatched search capabilities into the traditionally opaque securities lending market.
Mike King, Global Business Manager for the Bloomberg App Portal said, “Bloomberg continues to invest in the App Portal because by fostering a diverse ecosystem of contributed applications we can deliver more value and choice to Terminal subscribers. The BLACK APP from S3 epitomizes what we’re trying to do by incorporating applications into the Bloomberg Terminal that complement existing functionality. Furthermore, the success of the BLACK APP demonstrates the desire for a more integrated desktop experience.”
The BLACK APP 2.0 allows the buy-side and sell-side to now:
- Access historical short interest changes or finance rates by index, sector, industry, country, or user-uploaded portfolio
- Predict moves in short interest and financing rates; and
- Benchmark financing rates for MiFID II management.
The BLACK APP delivers real-time short interest, market-standard borrow and loan rates, and predictive analytics that identify trading and portfolio-finance opportunities on more than 28,000 equity and fixed income equities, indices and ETFs globally–allowing market participants to see:
- Accurate real-time short interest levels on a per share, percentage-of-float and notional basis without having to wait for numbers that are only published twice per month;
- How short selling, short covering, long selling and potential short squeezes impact portfolios;
- Crowding Indicator for specific corporate names, ETFs, sectors and indices; and
- Finance Rates and Days to Cover.
Over 25% percent of trial users converted to become customers and now the BLACK APP is expanding with additional campaigns planned for the U.S. and new roll outs upcoming for both Europe and Asia.
Create real-time Top-shorted securities lists by index, country, industry, GIC-sector or portfolio via @S3Partners BLACK APP #Authoritative
1 S3 Partners’ market-leading distinctions include: Waters Technology-Inside Market Data “Best Big Data Analytics and Technology Provider 2017,” Waters Technology “Best Buy-Side Data Analytics Tool 2016,” HFMWeek U.S. Hedge Fund Service Awards 2016 “Best Research and Data Vendor,” and Bob Sloan: Managing Partner at S3, has been included among Institutional Investor’s “Trading Technology 40” for past three consecutive years.
About S3 Partners
Founded in 2003, S3 Partners is a market-leading financial technology company with approximately $2 trillion in Assets under Analytics (“AuA”). Clients use our BLACKLIGHT Treasury Management SaaS platform, securities finance data, and short interest analytics for better outcomes in their investing, trading, counterparty risk and treasury management.
S3’s homegrown, vertically integrated technology can be quickly customized so that investment, risk, and operations professionals can “report on anything and oversee everything.” S3’s data and analytics are seen by over 600,000 global market professionals every trading day on Bloomberg and Reuters. For more information about S3 Partners, please visit s3partners.net.
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg’s enterprise solutions build on the company’s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information about Bloomberg please visit Bloomberg.com/company or request a demo.
BLOOMBERG, BLOOMBERG TERMINAL and BLOOMBERG APP PORTAL are trademarks and service marks of Bloomberg Finance L.P., a Delaware limited partnership, or its subsidiaries. All rights reserved.
Michael D. Herley, Kekst for S3 Partners, +1-212-521-4897, [email protected]
Vera Newhouse, Bloomberg, +1-212-617-6420, [email protected]
SOURCE S3 Partners
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