TECHNOLOGY
TECHNOLOGY
Foreign exchange money manager GK Capital Management, has entered into a joint venture with Eventus R&D, a group of "rocket scientists" that has been applying advanced quantitative technologies to the FX and financial markets.
Bloomington, Illinois-based GK Capital, which has roughly $1.5 billion assets under management and in currency exposures (or about $150 million in asset management and about $1.3 billion in risk management), has begun trading the first product, an intra-day foreign
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