Latest news with #GrandViewResearch
The Wire
9 hours ago
- Business
- The Wire
Algorithmic Trading's Next Frontier: Education and Responsible Adoption Amidst Regulatory Shifts
Algorithmic trading is rapidly reshaping global capital markets, transitioning from an institutional niche to a widespread force. Automated trading strategies now account for over half the volumes on major exchanges, with increasing accessibility for individual investors and financial professionals. This evolution, however, highlights a critical need for enhanced understanding, robust education, and clear regulatory frameworks to ensure market efficiency and investor protection. The momentum driving this shift is significant and quantifiable. The global algorithmic trading market was valued at an estimated USD 21.06 billion in 2024 and is projected to surge to USD 42.99 billion by 2030, reflecting a substantial 12.9% Compound Annual Growth Rate (CAGR) from 2025 to 2030. This impressive growth, according to Grand View Research, is largely propelled by the increasing integration of Machine Learning (ML) and Artificial Intelligence (AI) technologies into algorithmic trading solutions. As the market expands and technology advances, regulatory bodies globally are responding with clearer guidelines. Recent frameworks, such as those introduced by India's capital market regulator (SEBI) effective August 1, 2025, signal a universal commitment to formalizing algorithmic trading, particularly for retail participants. These initiatives aim to improve compliance and foster responsible adoption, thereby creating a more robust and secure ecosystem for automated strategies worldwide. "The advent of cloud infrastructure, coupled with the rise of AI, is generating immense interest in algorithmic trading," observes Nitesh Khandelwal, Co-founder and Director of QuantInsti. "While the evolving regulatory landscape aims to build a strong foundation for the adoption of technology and quantitative methods, there remains a critical need to bridge education gaps and provide access to the right tools and platforms for both professionals and new entrants." The increasing sophistication of financial technology, coupled with market growth, means that continuous skill development is no longer optional for market participants. Mastering the development, testing, and compliant deployment of algorithmic strategies is fast becoming an essential competency in modern finance. In direct response to this growing industry demand, organizations are stepping up to provide critical educational resources. For instance, QuantInsti is hosting a complimentary online session, "Build Your Quant Portfolio: First Steps into Algorithmic Trading," on Tuesday, June 24, 2025, at 8:30 AM EST (5:30 AM PST / 6:00 PM IST). This webinar will feature expert perspectives from seasoned practitioners including Jay Parmar (Quantitative Researcher, iRage), Mrinall Mahajan (Vice President at a leading global asset management firm), Tomás V. García-Purriños (Senior Asset Allocation Strategist at a prominent global bank's asset management division), and Rohan Mathews (Global Business Head, QuantInsti). The session aims to offer practical insights into developing data-driven trading strategies, understanding the role of machine learning in financial models, and navigating real-world career transitions within quantitative finance. This initiative reflects a broader industry movement to democratize access to advanced financial knowledge and cultivate a skilled workforce capable of navigating the complexities of automated markets. As algorithmic trading continues to reshape how capital markets operate, driven by significant market expansion and technological innovation, the emphasis on comprehensive education and adherence to evolving regulatory guidelines will be paramount for sustained growth and long-term industry stability. About QuantInsti: QuantInsti is a pioneering global algorithmic trading research and education institute. It focuses on empowering financial professionals and aspiring quants worldwide through educational programs and technology solutions, aiming to contribute to the global financial markets' growth and inclusion. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Miami Herald
2 days ago
- Business
- Miami Herald
General Mills quietly discontinues three cereals fans loved
Yes, we know studies tell us cereal isn't good for us and that we should choose healthier breakfast options. But especially if you grew up in an era before that was common knowledge, there's just something so comforting about a bowl of cereal. Don't miss the move: Subscribe to TheStreet's free daily newsletter It reminds you of innocent childhood mornings watching cartoons in your pajamas while your parents mulled about in the background, and feeling safe and cozy. That may be why so many of us still reach for cereal today, although our specific tastes are changing. The market size for cereal (both ready-to-eat and hot) reached 41.12 billion in 2024, and it's projected to hit 50.66 billion by 2030, according to a report from Grand View Research. Related: Wendy's menu reveals a spicy new addition this week More people are opting for cereals that have lower sugar and high protein these days, forcing cereal makers to find new formulas and new ways to package their products. That means keeping a close eye on what's selling and what's not and reacting accordingly to keep up in a highly competitive market. Now General Mills is discontinuing three of its cereals, which will surely be a disappointment to fans of them. Instagram user Kayla Simonsen, who goes by the handle @the_cerealqueen, posted on her account in early June that three General Mills cereals would be going away soon. The first of the batch is Honey Nut Cheerios Medley Oat Crunch, which originally debuted in 2013. At the time of this writing, the cereal already appeared sold out online at grocery retailers. A desperate consumer left a comment on the official product page on General Mills' website, saying, "I've been scouring my local stores for THE BEST CHEERIOS of all time and they're gone!!! Please listen to me and the other reviewers and put this product back on the shelves. This was my faithful breakfast companion for years and it's the ONLY Cheerios I like. These are inspiring, full of texture and flavor, the perfect amount of sweetness…please!?" Related: Pizza chain closes locations as rivals see slowing sales The second to get the axe is Chocolate Peanut Butter Cheerios, which made its debut in 2017. There was a lot less consumer fuss online over the discontinuation of this one, which may be a reason why General Mills decided to cut it. The third cereal is Honey Nut Cheerios "Minis," which are just a smaller version of the Cheerios we already know and love. Some other brands have released smaller versions of snacks lately, such as Frito-Lay's Minis versions of Doritos, Funyuns, Cheetos, and Sunchips, but Cheerios' take clearly didn't resonate with consumers as General Mills had hoped. TheStreet has reached out to General Mills for comment. While a few cereals are going away, General Mills will offer plenty of replacements that are a better bet for those seeking more health-conscious options. Cheerios Protein, which comes in Strawberry, Cookies and Cream, and Cinnamon flavors, has eight grams of protein per serving and is on store shelves now. There's also a new Bluey cereal themed after the popular Australian animated series, which General Mills calls a "fun, lightly sweetened corn cereal." Cheerios Oat Crunch also gets a new Chocolate flavor, which is already on store shelves, and finally, there's a Sam's Club exclusive cereal: Strawberry Vanilla Chex. General Mills has also said that it plans to slim down offerings overall, but put focus on key SKUs. "The focus for fiscal '26 will be on fewer but bigger innovations, with robust support for successful new products like Cheerios Protein and Nature Valley Granola Protein," General Mills CEO Jeffrey Harmening said during the company's March 19 earnings call. Related: Chipotle CEO praises an alarming hiring practice in the workplace The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
The South African
2 days ago
- The South African
This travel trend generated over R1 billion for SA tourism in 2024
If you love luxury and the great outdoors, this travel trend is probably on your bucket list. Glamping, a luxurious blend of glamour and camping, is currently having its moment in the spotlight. Glamping allows travellers to experience nature up close. However, unlike regular camping, glamping allows travellers to enjoy modern conveniences and luxury. Many glamping tents even look like luxury homes. South African Tourism reports that the local glamping industry generated an estimated $65.8 million (approximately R1.18 billion) in 2024. That's being highlighted ahead of Africa's first Glamping Expo, which is set to take place later this week. Furthermore, the glamping travel trend will only grow in the coming years. Based on a market report by Grand View Research, South African Tourism expects the industry to be worth $89.5 million by 2030. It's mainly millennials and Gen Zs who love this travel trend. This age group famously appreciates quirky, experience-based travel options. Certainly, glamping provides a unique sense of closeness to the outdoors, with some sites offering nights under starry Karoo skies or the opportunity to see wild animals. In a first for the continent, the Glamping Expo takes place on 20-21 June at the Johannesburg Expo Centre. South African Tourism and Gauteng Tourism Authority are supporting the event as part of efforts to promote rural development and diversify the country's tourism attractions. Delegates will gather under the theme 'Reimagining Innovation & Regenerative Tourism'. This aims to spotlight how the glamping travel trend can support sustainable tourism development. South Africa is a hotspot for glamping innovation in the Global South. This is thanks to the availability of luxury travel experiences and a growing emphasis on sustainability. Let us know by leaving a comment below or send a WhatsApp to 060 011 0211. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X, and Bluesky for the latest news.
Web Release
3 days ago
- Business
- Web Release
Johnson Controls Launches OpenBlue Workplace in the Middle East
Johnson Controls (NYSE: JCI), the global leader in smart, healthy, and sustainable building solutions, has announced the regional launch of OpenBlue Workplace, a core solution within its comprehensive OpenBlue digital platform. The debut in the United Arab Emirates marks a strategic expansion into the Middle East, positioning Dubai as a launch hub for scalable workplace innovation. According to Grand View Research, the Middle East and Africa smart building market was valued at USD 8.06 billion in 2023 and is projected to reach USD 47.52 billion by 2030, growing at a compound annual growth rate (CAGR) of 28.8%. This growth signals strong regional demand for connected technologies that drive efficiency, elevate workplace experience, and support long-term sustainability goals. OpenBlue Workplace is an Integrated Workplace Management System (IWMS) and Facility Maintenance platform that helps organizations optimize real estate performance through intelligent space utilization, asset management, workplace planning, and people-centric design. It offers robust reporting and analytics capabilities to enhance operational agility and strategic decision-making, while integrating seamlessly with the broader OpenBlue ecosystem, including sensor-driven insights and smart building technologies. 'Organizations in the Middle East are increasingly looking for ways to improve facility performance while enhancing the overall workplace experience,' said Devrim Tekeli, vice president & general manager, MEA, Johnson Controls. 'By launching OpenBlue Workplace in the UAE, using Dubai as a strategic springboard, we're delivering an advanced, integrated solution that empowers businesses to make smarter decisions across their operations.' As a modular solution, OpenBlue Workplace is part of a broader ecosystem within the OpenBlue platform, which includes offerings such as OpenBlue Insights, OpenBlue Companion, OpenBlue Net Zero Advisor and Equipment Performance Advisor. Together, these solutions enable end-to-end transformation of building environments—across energy use, productivity, operations, and occupant wellbeing. Built with cybersecurity and privacy by design, OpenBlue ensures that connected systems and data intelligence remain secure, scalable, and enterprise-ready. According to a recent study, clients adopting OpenBlue solutions have reported measurable outcomes, including up to 10% energy savings, 67% reduction in chiller maintenance, 7% rental premiums, a 155% return on investment, and payback periods as short as eight months. These benefits reinforce OpenBlue Workplace's ability to deliver both immediate value and long-term sustainability gains. Jamie Cameron, Vice President, Digital Commercial, said, 'OpenBlue Workplace is a cornerstone of our vision to transform buildings through intelligent, connected systems. This solution is tailored for a future where adaptability, insight, and occupant-centric design define success. With Dubai leading digital adoption in the region, the UAE is the ideal launchpad.' The launch strengthens Johnson Controls' global mission to reimagine building performance through smart, data-driven platforms that respond to evolving user needs. With OpenBlue Workplace, organizations gain a strategic toolset to manage space, people, equipment, and sustainability assets within a unified ecosystem—driving performance today and preparing for tomorrow. Join us for an in-person exclusive event to engage with our top experts and learn more about OpenBlue Workplace. Register Now to book your seat!
Associated Press
4 days ago
- Business
- Associated Press
Beyond The Slopes: Perfect Moment's Bold Expansion Moves In Global Luxury
By JE Insights, Benzinga DETROIT, MICHIGAN - June 16, 2025 ( NEWMEDIAWIRE ) - Despite broader economic concerns dominating business headlines, one sector seems to have proven relatively resilient: high-end skiwear and luxury apparel. Driven by robust sentiment among affluent consumers and an expanding demand profile - especially among emerging markets - luxury brands have navigated tricky waters better than many of their more austere competitors. Making strategic moves to capitalize on this trend is luxury ski and activewear brand Perfect Moment Ltd. (AMEX: PMNT). The functional fashion firm is executing an aggressive global expansion plan, primarily through exclusive retail openings and key wholesale partnerships. Fundamentally, the idea is to tap into pockets of growth within a complex ecosystem. As Grand View Research points out, the North American ski apparel market may reach a valuation of $3.06 billion by 2030, implying a compound annual growth rate of 5.3% from 2025. Furthermore, it's not just one region that experts believe will see expansion. According to the same resource, the global ski equipment and gear market size reached $15.9 billion in value in 2023. This industry may expand by a CAGR of 5.4% from 2024 to 2030, potentially culminating in total revenue of $22.9 billion. According to Grand View Research, one global catalyst for the interest in ski-related equipment and apparel is the proliferation of resorts, slopes and related facilities. Stated differently, Perfect Moment isn't just aiming to deliver a better product; rather, it's moving in on burgeoning consumer dynamics. To address behavioral pivots in the market, the company is implementing three growth strategies: retail expansion in elite ski destinations, global wholesale partnerships and a shift toward year-round luxury outerwear. This has been paired with the largest shareholder, founder and Chairman Max Gottschalk buying additional shares in the open market, demonstrating his confidence in the company. Elevating The Luxury Experience Through Destination Retail In December last year, Perfect Moment announced the opening of its first European seasonal store at Kitzbühel, a popular ski resort located in the Austrian Alps. Renowned for its world-class skiing experiences, it draws athletes and enthusiasts from across the globe. Situated at the center of the resort, the Perfect-branded store will offer customers an exclusive luxury ski shopping experience, including special in-store events designed for connecting with the local community, the company said. Company co-founder and creative director Jane Gottschalk expressed the strategic importance of the retail launch, 'The opening of our new store in this awe-inspiring location follows our success in other high-end retail markets. It furthers our exploration of establishing physical retail locations at select luxury destinations—particularly locations that embody our love for skiing and the alpine lifestyle.' In addition to the prime location, Perfect Moment also elevated the interior design of the store - an ode to the brand's core ethos of blending fashion with functionality. As the press release stated, '[s]leek, metallic surfaces evoke the winter season, while soft, textured and translucent elements create a harmonious balance.' As well, red accents punctuate the overall ambiance, reflecting the company's signature color. To be clear, Perfect Moment isn't just launching retail locations for its own sake. As Bain & Company discussed, high-end brands are increasingly investing in seasonal boutiques and curated shopping experiences, thereby fostering exclusivity. Moreover, the expansion into Austria aligns with the company's own successful New York SoHo seasonal store model. Global Expansion And Strategic Market Positioning In early January of this year, Perfect Moment announced that it had partnered with globally renowned sales agencies in a bid to boost brand awareness and expand its international footprint. Per the company's press release, the strategic partnerships may strengthen wholesale distribution across key regions, including Europe and Asia. Additionally, the agencies will seek to expand the company's presence in luxury retailers and exclusive boutiques while complementing Perfect Moment's direct-to-consumer (DTC) pivot. Although the fashion brand reports that it has witnessed significant growth in its e-commerce directive, the wholesale business remains a critical pillar for luxury-focused enterprises. As the industry source The Business of Fashion bluntly pointed out, '[t]he notion that there are wholesale brands and direct-to-consumer brands is dying.' To succeed, the most ambitious companies integrate both models. Fundamentally, as the publication noted, 'the idea of being either a DTC or wholesale brand is being supplanted by the understanding that each channel has its strengths and weaknesses, and that most brands need both to thrive.' Perfect Moment's leadership team understands this development, thereby front-running it by commanding a footprint in both avenues. As for the global expansion initiatives, Southern Europe represents a hub for luxury fashion. As noted in the company's press release, Italy, France and Spain are home to some of the world's most influential fashion retailers and luxury shoppers. Japan is also one of the world's biggest luxury markets, with consumers paying premiums for high-quality craftsmanship and exclusivity. Finally, Perfect is building momentum for the Winter Olympics, set to take place next year. The company is working nonstop on a special collection for the high-profile event, potentially positioning itself favorably. In the last edition of the Winter Olympics, the competition drew more than two billion viewers. Strengthening The Year-Round Luxury Outerwear Market In mid-January, Perfect Moment issued another statement reflecting its global ambitions, partnering with two internationally renowned sales agencies to elevate awareness and lift sales growth in key European markets. Specifically, the agencies will expand Perfect Moment's wholesale distribution to luxury retailers and exclusive boutiques, mirroring the company's concurrent global strategies. However, a key distinction in the announcement is the focus on perennial demand. As industry publication DC Fashion Week noted, designer jackets are no longer relegated to outerwear driven by seasonal necessity. Instead, such attire now represents statement pieces. Responding to this consumer pivot, some luxury brands have adapted to this trend, delivering expressive products that are also functional. Naturally, this behavioral shift aligns with Perfect Moment's form-meets-functionality ethos. Perfect Moment has zeroed in on the DACH countries (Germany, Austria and Switzerland) for its European expansion. Perfect Moment notes that these nations benefit from a consumer base with a relatively high disposable income and strong winter sports cultures. Perfect Moment is also expanding into Benelux, a politico-economic union comprising Belgium, the Netherlands and Luxembourg. Similar to consumers in the DACH region, Benelux buyers have an affinity toward high-end, technical outerwear. With their higher-income base, Perfect Moment reports that the region's customers are fashion-forward, and are willing to pay a premium for quality, purpose-driven attire. Perfectly Timed: Expanding Luxury With Precision Perfect Moment is capitalizing on anticipated sustained strength in the luxury apparel market by executing a calculated expansion strategy across retail and wholesale channels. Through exclusive retail openings in premier ski destinations, the company is reinforcing its presence in high-profile luxury hubs while enhancing brand exclusivity. Simultaneously, Perfect Moment is broadening its international reach by securing key partnerships in Europe and Asia, ensuring that its designs are positioned within high-end retailers and boutiques that cater to affluent, fashion-conscious consumers. Beyond traditional ski apparel, the company is actively helping shape the evolving luxury outerwear market. With demand for premium jackets and performance-driven fashion rising beyond seasonal constraints, Perfect Moment is expanding into high-value regions where technical craftsmanship and statement fashion pieces resonate with discerning buyers. By balancing retail expansion with strategic wholesale partnerships, the brand is embedding itself deeper into the global luxury ecosystem, potentially strengthening its foothold in a competitive but lucrative industry. Featured image byCanvaonPixabay. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. This content was originallypublished on further disclosureshere. View the original release on
