CNBC: Investing

JANUARY 11, 2024

is headed for a debt cliff facilitated by the Federal Reserve's hubris. There's a current macroeconomic debate among notable investors about whether the U.S.

Debt 104

Debt Trading Investors 104

Global Banking & Finance

DECEMBER 3, 2024

By Libby George LONDON (Reuters) – The world’s debt stock surged by over $12 trillion in the first three quarters of 2024 to a fresh record of nearly $323 trillion, thanks to falling borrowing costs and rising risk appetite, a report by a banking trade group showed on Tuesday.

Debt 59

Debt Government Stock Trading 59

The TRADE

JULY 23, 2024

Lara Jacobs has been appointed vice president – equities electronic trading coverage at JP Morgan following six years with Liquidnet. She most recently served as head of international client trading, EMEA. The post JP Morgan taps Liquidnet for VP, equities e-trading coverage appeared first on The TRADE.

Equities 69

Equities Trading Electronics Debt 69

The New York Times: Banking

JANUARY 16, 2024

percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home. Gross domestic product expanded 5.2

Economics 133

Economics Debt Financial Institution Manufacturing 133

The TRADE

JULY 5, 2023

LCH RepoClear has merged its RepoClear Euro debt service, which includes specials and general collateral, with its tri-party basket repo clearing service €GCPlus.

Debt 59

Debt Management Government Mergers 59

Wall Street Mojo

JANUARY 15, 2024

What is a Collateralized Debt Obligation? to one organization and as a liability to another organization and are solely taken into use for trading purposes. Table of contents What is a Collateralized Debt Obligation? How does Collateralized Debt Obligation (CDO) Work?

Debt 52

Debt Bank Banking Investors 52

The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. For head of trading for the RBC BlueBay Asset Management London-based fixed income trading desk, Stuart Campbell, the institution’s combined size is a new strength. You’re taught to almost think like a PM.

Trading 98

Trading Asset Management Management Electronics 98

OfficeHours

AUGUST 25, 2023

In particular, new guidelines from the FDIC and Federal Reserve (among other governmental agencies) made it more difficult for banks to underwrite financings that resulted in debt-to-EBITDA ratios in excess of 6.0x. This capital is released once investors buy the debt off the banks’ balance sheets.

Private Equity 130

Private Equity Equities Debt Finance 130

The TRADE

MAY 29, 2023

Prior to joining UBS, he spent eight and a half years at Barclays in electronic equities roles, four and a half years at Plato Partnership as a co-founder and co-chairman and six years at Goldman Sachs in an electronic trading role. He will report into Adeel Khan, co-head of global markets, according to an internal memo seen by The TRADE.

Trading 64

Trading Equities Investment Banking Electronics 64

Wizenius

APRIL 1, 2023

When companies need to raise capital, they have two primary options: Debt involves borrowing money, while equity involves issuing shares of ownership in the company. Let's take a look at examples of companies that raised capital through debt, and analyze the factors that influenced their decision.

Debt 52

Debt Equities S&P Shares 52

Sica Fletcher

APRIL 17, 2020

What is generally less understood is the impact of the pandemic on the debt markets. Many PE-backed Insurance Brokers Secured Sizable Loans Immediately Prior to the Crisis Over the past several years, the demand for high yield debt issued by private equity (PE) backed insurance brokers has been extremely strong.

Debt 52

Debt Insurance M&A Broker 52

The TRADE

OCTOBER 24, 2023

The annual Leaders i n Trading gala is the most distinguished awards night for the trading community. Among the most coveted awards categories is the Editors’ Choice Awards and today we bring you the 2023 nominees for Outstanding Post-Trade Services Provider.

Trading 59

Trading Risk Management Equities Management 59

TechCrunch: M&A

JULY 27, 2023

Uplift had raised nearly $700 million in equity and debt, securing $123 million at a reported $195 million valuation in its Series C round alone. ” Laplanche is referring to the BNPL-style product that Upgrade launched in October 2021, which lets users pay down their debt over six to 36 months with a fixed interest rate.

Finance 244

Finance Finance IPO Debt 244

The TRADE

FEBRUARY 14, 2024

In a panel at the JSE SA Trade Connect 2024 conference in Cape Town, South Africa, panellists explored the ways in which fragmentation is impacting the trading of dual listed equities in the South African market. But for our clients here in South Africa, in particular, where liquidity is, that’s where we go.

Trading 69

Trading Equities Broker IT 69

The TRADE

SEPTEMBER 14, 2023

A third of post-trade firms are operating with legacy platforms more than a decade old, with budgets being dominated by maintenance and upgrades over investments in replacements and transitions, new research has found. The post New study of post-trade ecosystem shows pain of legacy systems appeared first on The TRADE.

Trading 64

Trading Finance Finance Securities 64

The TRADE

JULY 21, 2023

Since the beginning of the year, the Saudi Exchange has gone live with a range of developments for its high frequency trading (HFT) and algo trading clients, claiming to have seen notable growth in its order flow following the push. The post Saudi Exchange makes push into algo and high frequency trading appeared first on The TRADE.

Trading 52

Trading Debt Bank Banking 52

The TRADE

JANUARY 2, 2024

” Over more than 20 years, State Street has had a local presence in the country, with its Korean entity supporting global clients with trading Korean Won onshore. The post State Street to become first foreign participant to trade Korean onshore interbank FX market appeared first on The TRADE.

Trading 59

Trading Debt Capital Markets Bank Banking 59

The TRADE

DECEMBER 18, 2023

Convertible bonds will also provide cheaper financing options to those companies with other types of debt coming due which will lead to greater primary issuance. The post The TRADE predictions series 2024: Fixed income, a look at central bank policy appeared first on The TRADE.

Trading 64

Trading Banking Bank Investors 64

The TRADE

OCTOBER 3, 2023

MarketAxess has extended the capabilities of its Open Trading platform, building on its existing emerging markets trading product. Expanding Open Trading in these four new local markets is only the first step, and we hope to expand the model further to more local currencies in the first half of next year.”

Trading 45

Trading Debt Investors Business 45

The TRADE

FEBRUARY 6, 2024

“As corporate debt issuance continues to increase across sectors, market participants are looking for tools to help them navigate growing credit exposure,” said Agha Mirza , global head of rates and OTC products at CME Group.

Corporation 118

Corporation Debt Trading Portfolio 118

The TRADE

OCTOBER 26, 2023

Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Non-Bank Electronic Liquidity Provider, showcasing excellence in liquidity provision outside of the traditional sphere. billion compared to € 2.8 billion the previous year.

Electronics 59

Electronics Trading Banking Bank 59

TechCrunch: M&A

JULY 19, 2023

as the last remaining hurdle for Broadcom, with the Federal Trade Commission (FTC) currently investigating the deal. ” The big bucks deal, which constitutes $61 billion in equity and $8 billion in debt, is set to become one of the biggest tech acquisitions of all time. follow suit four months later.

Acquisitions 159

Acquisitions Debt Business Equities 159

The TRADE

OCTOBER 23, 2023

Imapx Asset Management has appointed Ross Pamphilon as its new head of fixed income, The TRADE can reveal. Before joining ECM, Pamphilon spent years at Merrill Lynch in local currency trading position. The post Impax Asset Management taps Wells Fargo AM for new head of fixed income appeared first on The TRADE.

Asset Management 64

Asset Management Management Trading Debt 64

OfficeHours

MAY 16, 2023

Hedge funds are significant players in financial markets given the size of their capital bases and the frequency of their trading. One widely cited estimate is that hedge funds account for around 5-6% of total equity trading volume in the US. Short selling can increase liquidity by increasing the supply of shares available for trading.

Financial Market 130

Financial Market Funds Risk Management Trading 130

Francine Way

JULY 10, 2017

Do they have the cash of debt/equity capacity to bid aggressively? The differences between the two are: Equity Value: This is the residual value to common shareholders after all debts and secured liabilities are repaid, also known as market value, offer value, shareholders’ interests, and market capitalization.

Valuation 130

Valuation M&A Equities Shares 130

The TRADE

JANUARY 16, 2024

Once approved, the expanded trading platform of Panmure Liberum will also boast trading relationships with more than 900 counterparties across the UK, US, Europe and Asia. The post Panmure Gordon and Liberum agree merger to create new investment banking giant in the UK appeared first on The TRADE.

Investment Banking 111

Investment Banking Mergers Banking Bank 111

OfficeHours

OCTOBER 16, 2023

The shares of the company are bought out and delisted from the public stock exchange that the company trades on. First, private equity identifies the publicly traded company they believe is undervalued or could perform better as a private entity without the pressures of being a public entity (e.g. What does a take-private entail?

Investors 100

Investors Private Equity Equities Debt 100

OfficeHours

OCTOBER 23, 2023

The shares of the company are bought out and delisted from the public stock exchange that the company trades on. First, private equity identifies the publicly traded company they believe is undervalued or could perform better as a private entity without the pressures of being a public entity (e.g.

Investors 130

Investors Private Equity Equities Investment 130

Francine Way

JULY 13, 2017

Calculating cost of debt, cost of equity, and weighted average cost of capital (WACC). Enterprise Value = Market Capitalization + Total Debt - Total Cash. Not every company has a publicly traded peer group comparables (private company or wholly-owned subsidiary peers might exist), some companies might be the only one of their kinds.

Valuation 130

Valuation M&A DCF Book-building 130

The TRADE

MAY 29, 2024

Cboe iBoxx $ Emerging Market Bond Index futures will be listed for trading on 17 June. They could also be used to hedge existing exposures, implement relative value strategies against other fixed income instruments or manage interest rate and credit risk for current and potential emerging market debt investors.

Trading 59

Trading S&P Investors Government 59

Sun Acquisitions

APRIL 26, 2024

Debt Financing: The Double-Edged Sword Debt financing is a standard route for companies pursuing M&A, offering the allure of leveraging existing assets to fund the transaction. High debt levels can burden the newly formed entity with interest payments, impacting its financial flexibility.

Mergers and Acquisitions 59

Mergers and Acquisitions Finance Finance Mergers 59

The TRADE

OCTOBER 15, 2024

Lisa Schirf Launched 40 years ago, The WGBI measures the performance of fixed-rate, local currency, investment-grade bonds and comprises sovereign debt from over 25 countries, denominated in a variety of currencies. The post World Government Bond Index to include Tradeweb FTSE benchmark closing prices appeared first on The TRADE.

Government 64

Government Trading Electronics Debt 64

OfficeHours

JULY 18, 2023

As one example, BrightView, now a publicly-traded company, developed as a roll-up of smaller landscaping businesses and has been owned at various times in the past by private equity firms including KKR, MDS, and Leonard Green, among others. Acquisition Expertise At their core, private equity firms are mergers and acquisitions specialists.

Private Equity 130

Private Equity Equities Investment Mergers and Acquisitions 130

The TRADE

JANUARY 10, 2024

It has approximately £351 million in assets under management and manages two strategies: global high yield, launched in 2006, and emerging market corporate debt, launched in 2010. The post Impax Asset Management to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.

Asset Management 98

Asset Management Corporation Management Business 98

The TRADE

JULY 29, 2024

David Kirk is set to join Millennium, following almost three and a half years at Marble Bar Asset Management where he most recently served as a trader, The TRADE understands. He was recognised as a Rising Star of Trading and Execution at Leaders in Trading in 2021. Whelan joined Pictet AM as an equity trader back in 2016.

Asset Management 64

Asset Management Equities Trading Sale 64

The TRADE

OCTOBER 2, 2023

Groupama Asset Management is set to expand its use of Virtu’s Triton Valor EMS to another asset class, now encompassing fixed income trading. Our fixed income solution is differentiated by the close integration of Triton Valor’s EMS capabilities with Virtu’s advanced trading analytics–both pre-trade, post-trade, and real-time data handling.

Asset Management 59

Asset Management Trading Electronics Management 59

Wall Street Mojo

JANUARY 15, 2024

Liabilities come next, divided into current liabilities (like debts and payables) and long-term liabilities (e.g., Leverage is the use of debt to finance our business, thereby reducing the reliance on the owner’s fund to fund the company’s day-to-day operations. read more all the income and expenditures of the business.

Accountant 98

Accountant Financial Statement Debt Financial Models 98