The TRADE

JUNE 5, 2024

Designed to rival the likes of incumbent exchanges Nasdaq and NYSE in the US, Texas Stock Exchange (TXSE) has raised $120 million from around a dozen investors including BlackRock and Citadel Securities in a funding round closed in May. The TRADE understands that BlackRock has taken a minority investment.

Securities 109

Securities Investors Capital Raising Financial Institution 109

The Deal

JUNE 26, 2023

Kian Capital Partners LLC is chasing add-ons in contiguous Southern states for its new platform, Nashville-based HVAC distributor Team Air Distributing Inc., The post Kian Capital Builds Sunbelt HVAC Distributor appeared first on The Deal. the firm’s principal Jordan Lee told The Deal. in April and Novacap Investments Inc.

Capital 52

Capital Private Equity Sale Investment 52

The TRADE

JUNE 29, 2023

A consolidated tape will be of considerable benefit to the capital markets industry, promoting transparency and ultimately helping to boost growth in European equities. This agreement marks consensus on the structure of the consolidated tape, and sets a much-needed timetable for development.

Trading 73

Trading Equities Capital Market Financial Market 73

The TRADE

JULY 3, 2024

A few bps matter,” said Jim Goldie, EMEA head of capital markets, ETFs and indexed strategies, Invesco. This was corroborated by Goldie: “If the UK followed strict timelines it could be there by 2026. The advantage of real time settlement would be that the investor gets their investment back the same day.”

Trading 57

Trading Broker Funds Investment Manager 57

The TRADE

JANUARY 4, 2024

The firm’s most recent report refers to previous research in its ‘data automation: the workflow efficiency game-changer’ studywhich found that less than one third of those surveyed believed that capital markets professionals are prepared for the T+1 go-live date.

Trading 70

Trading Risk Management IT Capital Market 70

The TRADE

JANUARY 16, 2024

For a member state where PFOF is currently allowed, they will continue to be able to offer this until 30 June 2026, after which it will be phased out. In addition, ESMA is set to assess the effectiveness of a CT for shares by 30 June 2026, which includes consideration of the potential to add additional features to the equity pre-trade tape.

Capital Market 67

Capital Market Book-building Equities Trading 67

The TRADE

DECEMBER 20, 2023

The UK has a leading global market and it is vital to ensure that it remains competitive by widening access to market data and broadening participation in capital markets from investors, both domestically and internationally,” said Victoria Webster, managing director of fixed income at AFME, in an announcement back in September.

Consulting 113

Consulting Equities Shares IT 113