The German trading and investing group delivered revenue of €28.4m for the three quarters to 30th September. The ample returns helped NAGA Group back into the black after recording a €4.2m loss for the same period a year ago. A notable reduction in marketing and operational costs was key to the profit-making in Q1, Q2…
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The company, which harnesses robotics to produce things such as coffee and beer-pouring arms, priced its shares at 26,000 won each. At the start of trading, shares kicked off at 59,100 won each, 127% higher than the set IPO price. At one stage, the shares reached as much as 67,600 won. Analysts attribute this positive…
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Bitcoin was not the only cryptocurrency experiencing a decline. Ethereum also missed the mark, sliding below the $1,650 level. The global crypto market cap suffered a 0.89% blow, bringing its total value to approximately $1.08tn. Surprisingly positive results from the Job Openings and Labor Turnover Survey (JOLTS) strengthened 10-year bond yields, which are experiencing the…
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On Tuesday, LiquidityBook officially rolled out its newly enhanced trading tech platform with various in-demand functionalities. B2B clients can now access new workflows for LBX Sell-Side and LBX Buy-Side products and dig into useful features such as shadow Net Asset Value (NAV) capabilities. Portfolio management has been LiquityBook’s forte for almost two decades since its…
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Analysts pegged the gross proceeds of this public offering at about $225m. Should the customary closing conditions be met, the offering will close on 5th October 2023. Biohaven indicated that the funds from this offering will go towards general corporate operations. The company appointed J.P. Morgan, TD Cowen, Leerink Partners, and Piper Sandler as lead…
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Despite recorded improvements, the association maintains it is insufficient to meet housing supply demands. MBA warned that the government cannot relax and tackling the housing crisis must remain a priority if the industry is to deliver on targets. Denita Wawn, the MBA chief executive officer, said: Builders and tradies have a big job ahead of…
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There was strength across various asset classes, with interest-rate products among those growing at an impressive rate. The standout performer was Ultra US Treasury Bond Futures, which soared to 308,238 contracts. There was also robust volume growth for SOFR futures (+44%) and options (101%). However, last year’s record-setting September meant a year-over-year decline for a…
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Hiring was unchanged at around 5.9m (3.7%); total separations, which, according to the Bureau of Labour Statistics (BLS), include quits, layoffs, discharges and other separations, was also little changed at 5.7m (3.6%). The quit rate came in at 3.6m and was almost the same as the previous month at 2.3%. The BLS noted that the…
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The technology involved in the integration from the Brokeree Solutions side is Exposure Manager – a post-execution hedging solution for automated risk management. Through this integration, the Exposure Manager, previously exclusive to MetaTrader brokerages, now evolves into a multi-platform solution. As a result, all brokers who provide their services via the TradeEvolution platform gain access…
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This deal puts Amicus in a better position to increase its revenues and become a leading biotech in the field of rare diseases. Blackstone only requires interest-only payments until late 2026, with a maturity date of October 2029. Apart from debt refinancing, the money will also go towards continued operations. The President and Chief Executive…
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