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In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. All rights reserved. For personal use only.
Cautious deployment of M&A war chests while concerns relating to IPO and equity market trading buoyancy continue. Current market: Fewer M&A deals as Europe's FMI tectonic plates digest acquisitions of yesteryear. By: White & Case LLP
Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6
Single-stocktrading and program trading in US equities are becoming increasingly interlinked, as advances in algorithmic trading blur the lines between the two. Between workflow innovation and good old-fashion inflation, the definition of program trading itself is now in flux. constituents.
The Federation of European Securities Exchanges (FESE) has suggested key principles and measures to be implemented across the industry as discussions around 24-hour trading in Europe become more prominent. The post FESE sets out stance on 24-hour trading in Europe appeared first on The TRADE.
The Luxembourg Stock Exchange has announced the launch of a new segment on its Euro MTF market, called EM3S, which stands for Euro MTF Specialist Securities Segment.
ION has become registered as an independent software vendor for algorithmic trading on BSE (formerly Bombay Stock Exchange). The development will enable exchange members to use IONs Fidessa algorithmic trading functionality on BSE. In June last year, ION received approval to become an equities trading vendor on BSE.
The company's common stock is listed on The NYSE American LLC stock exchange. Rather than convert, the company is proposing to effect the reincorporation by means of a merger with and into a wholly-owned subsidiary of the Company. The proposal also contemplates a simultaneous name change to “Channel Therapeutics Corporation”.
How has the trading landscape evolved over the past 30 years? Trading desks have got smaller over the years, while volumes have gone up. Trading desks have got smaller over the years, while volumes have gone up. Another manifestation is that trading has become more widespread geographically.
Ninth Circuit Affirms Dismissal of Insider Trading Claims Against Satellite Operator Investors Based on Stock Sales After FCC Chairman Vote - In re Silver Lake Grp., By: Skadden, Arps, Slate, Meagher & Flom LLP
TD Securities has appointed Rob Fallon as director of sales trading, based in Dublin. Fallon joins the firm from Deutsche Numis, where he spent the last two years, most recently serving as director of sales trading. While at Goodbody, he most recently served as a senior sales trader covering Irish and UK SMID stocks.
The Dow rose more than 460 points on Thursday as investors bought stocks that are closely tied to the economy. Here's what on CNBC's radar going into Friday.
After a record trading year for stocks, investors may find opportunity with some companies that have traded at significant discounts in recent history.
The S&P 500 and the 30-stock Dow posted back-to-back losses on Tuesday, while the Nasdaq outperformed. Here's what CNBC is watching going into Wednesday.
In the dynamic realm of the financial markets, the introduction of technology has proven to be a catalyst for transformative change, overhauling existing trading strategies. Among the wide range of advancements, algorithmic trading has revolutionised how financial instruments are bought and sold.
Nasdaq and the Indonesia Stock Exchange (IDX) have expanded their technology partnership which will see the former upgrade its core trading platform to Nasdaq’s most advanced matching engine. The post Indonesia Stock Exchange taps Nasdaq to build out market infrastructure appeared first on The TRADE.
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