Category: Institutional

November 13, 2023 BY Elizabeth Anderson

Could China’s high-tech manufacturing loans ring a warning bell for cheap exports

Experts typically look at the lending trends of China’s central bank to determine which sectors the government prioritises above others. A year-on-year comparison shows loans to the embattled Chinese property sector dropped by 0.2% while those to the manufacturing sector surged by 38.2%. Financial analysts warn that although this may look similar to the uptick…

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October 13, 2023 BY Elizabeth Anderson

UGL lands significant contract with Power Network Services in Victoria

A growing demand for power infrastructure upgrades underpins this contract. As it stands, the deal can potentially generate $80m in UGL revenue. The agreement also includes options for extension.  The CIMIC group is a diverse engineering-based enterprise focusing on construction, mining, relevant services, and public-private partnerships. UGL is the service specialist branch of this business. Don’t…

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September 14, 2023 BY Elizabeth Anderson

Spotlight on Goldman Sachs: Tech firm advisor takes IPO leap

Others under the Goldman Sachs wing include the delivery service, Instacart, and the marketing automation platform, Klaviyo. Expected to go public sometime next week, these companies are part of the revival of tech IPOs after movements in the sector were quiet for some time.  These IPOs test more than just investor willingness to risk their…

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July 18, 2023 BY Steffy Bogdanova

Kama Capital partners with Acuity Trading

Through this collaboration, Kama Capital will enhance its existing portfolio by integrating Acuity's AI-powered insights. This partnership aims to provide their clients with the ability to navigate the ever-changing financial markets with precision through a comprehensive set of market insights, empowering them to make informed trading decisions amidst the rapid pace of the trading landscape.…

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July 18, 2023 BY Steffy Bogdanova

Skale announces integration with CMC Markets Connect

David Nussbaum, Founder & CEO, Skale added: This integration builds on our strategy of integrating with market-leading trading platforms, extending our global reach. CMC Markets is recognised worldwide as an industry leader and we are thrilled that their institutional clients can now benefit from accessing our robust, flexible and secure platform which integrates all the…

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Euroclear reports operating income increase of 7% in H1 2021
July 17, 2023 BY Steffy Bogdanova

Euroclear finalizes acquisition of Goji

By leveraging Euroclear's open infrastructure, responsible for managing €3.1 trillion worth of funds worldwide, according to the official announcement, and harnessing Goji's technology, a digital platform will be created to enhance trading and custody processes, improve accessibility, and lower the overall cost of accessing private market funds. The acquisition comes at a time of growing…

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Acquisition
July 12, 2023 BY Steffy Bogdanova

Fortune Prime Global acquires CFD broker GMT Markets

Regulated by ASIC since 2011, GMT Markets, caters to retail, as well as institutional clients. The company works closely with banks to provide clients with competitive spreads on forex, gold, commodities, indices, and crypto CFDs. FPG Capital establishes strong partnerships with banks to offer competitive spreads on forex, gold, commodities, indices, and crypto CFDs. Through…

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Cornerstone revenue
July 11, 2023 BY Steffy Bogdanova

Cornerstone FS revenue surges 89% in H1 2022

Significantly, the revenue stemming from direct client services experienced a growth of around 121%, accounting for 87% of the total revenue. This figure marks a substantial increase compared to the previous year's first half, where it constituted 74% of the overall revenue. James Hickman, CEO of Cornerstone, said: This has been an excellent six months…

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