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BHIM (Bharat Interface for Money) is an Indian state-owned mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI). Launched on 30 December 2016, [ 1 ] it is intended to facilitate e-payments directly through banks and encourage cashless transactions.
QuantConnect is an open-source, cloud-based algorithmic trading platform for equities, FX, futures, options, derivatives and cryptocurrencies.QuantConnect serves over 100,000 quants from over 170 countries, with customers including hedge funds and brokerages, as well as individuals such as engineers, mathematicians, scientists, quants, students, traders, and programmers.
In 2011, Freecharge was named one of the most promising technology startups from India by Pluggd.in. [11] On 1 September 2014, Freecharge received $33 Million Series B Funding from Sequoia Capital, Sofina and Ru-Net, which was one of the biggest fund raising by an Indian technology startup. [ 12 ]
In late 2016, the Qube Fund was formed and managed by Credit Suisse's Quantitative and Systematic Asset Management unit in London. The fund used computer models to trade stocks and was staffed by proprietary traders .
The firm has also joined other quant funds in expanding to India. [17] In June 2022, Optiver joined Aquis Exchange. [18] In September 2022, the firm became the latest trading member on the Vienna Stock Exchange. [19]
The two who earned five-figure salaries felt they were underpaid and in 2006, started asking their bosses about the compensation plan and challenging some operational matters. In March 2007, Quantlab fired both for insubordination. [2] [3] [8]
Ubiquant has offered more experienced candidates annual salaries of $1 million. Extra incentives are given such as one time bonuses or profit sharing from trading strategies. The hiring process is vigorous and selective where candidates are tested on many areas such as coding and statistics and their academic research papers are also examined.
The app increased in popularity after a weeklong standoff between Twitter and the Government of India over Twitter's refusal to block accounts during the 2020–2021 Indian farmers' protest. [ 9 ] [ 10 ] The government demanded that Twitter block the accounts of hundreds of activists, journalists, and politicians, accusing them of spreading ...