Facing travel restrictions across Asia and Europe due to Coronavirus concerns, five major February investor conferences avoided outright cancellation by substituting complete agendas of virtual video meetings for face-to-face interactions. The virtual conferences were set up and managed by OpenExchange, the trusted video exchange for financial communications. The company is already preparing for sharply increased volume of virtual conferences in March. These critical bank-sponsored gatherings bring global professional investors together with growing companies in China, Korea, and Europe, at a time when information about health concerns and supply chain disruptions are rising around the world.
Deploying its suite of video meeting technology, seasoned video meeting specialists, and proprietary directory services during February, OpenExchange successfully connected 1500 professional investors with executive teams from more than 240 companies — many of whom were forced to work from home offices because of restrictions on travel and public gatherings in their home countries.
“OpenExchange is uniquely qualified to respond quickly to the urgent need to keep financial communications flowing in the face of the COVID-19 outbreak,” remarked OpenExchange CEO Mark Loehr. “The experience and trust we’ve built in serving video needs of the professional investment community over the last ten years, combined with the technology and people we acquired in our recent merger with KnowledgeVision, enabled us to respond rapidly to the urgent needs of some of the world’s most prominent financial institutions.”
OpenExchange employs its own technology, along with technology from Cisco, Zoom, and other video platforms, to connect the financial community with reliable, secure video connections regardless of the kind of video conference setup each participant has. Video meeting specialists, most of whom have deep experience in financial and investor services, set up and test connections to ensure that video meetings go off without a hitch. OpenExchange’s cutting-edge Knovio streaming video platform can livecast keynote and plenary sessions to tens of thousands of simultaneous viewers around the world and organize them into video libraries and microsites, dedicated to the virtual conference. Furthermore, its patented tracking system provides detailed analytics on how each viewer engages and interacts with the video content.
OpenExchange is adding technology and personnel in anticipation of sharp demand growth in March. “Even before March begins, we have committed to more than triple the number of meetings and connections we managed in February,” said OpenExchange’s Mark Loehr. “These truly are meetings that matter, because there is simply no substitute for professional investors than coming face-to-face — if only by video — with company executives during a time of global disruption.”
Based in Boston, New York, London, and Hong Kong, OpenExchange video-enables the vital daily communications of the financial services and professional investment industry and its clients with advanced one-to-one, one-to-many, and many-to-many video technologies, tools and services. Anchored by its experience in connecting more than 50,000 video endpoints in the professional investment community and more than 400,000 registered users to its video platform, the OpenExchange Network bridges the worlds of real-time videoconferencing, video live-streaming, and searchable on-demand video archives and showcases, making it easy to connect, create, disseminate, and discover information critical to investment and business decisions.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
