Category: Institutional

acquisition
January 30, 2018 BY Valentina Kirilova

West Corporation to acquire Nasdaq’s Public Relations Solutions and Digital Media Services businesses

West Corporation (West) and Nasdaq, Inc. (Nasdaq:NDAQ) jointly announced today that West has entered into a definitive agreement to acquire the public relations (Public Relations Solutions) and webcasting and webhosting (Digital Media Services) products and services within Nasdaq’s Corporate Solutions business for approximately $335 million, subject to adjustments. Public Relations Solutions and Digital Media Services…

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January 30, 2018 BY Valentina Kirilova

Options expands market data connectivity with NYSE Integrated Feed

All major NYSE Group data feeds now available on Options platform Options, the provider of global market data and colocation services for trading firms, has today announced direct access to the NYSE Integrated Feed. The new service will be available to clients leveraging Options’ ultra-low latent connectivity and managed colocation platform in Mahwah, Carteret, NY4…

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Thomson Reuters (NYSE:TRI)
January 30, 2018 BY Valentina Kirilova

Thomson Reuters in advanced talks to sell financial and risk business to Blackstone

Information giant Thomson Reuters (NYSE:TRI) said in a statement issued late on Monday that “it is in advanced discussions with Blackstone regarding a potential partnership in its F&R business.” According to an entry on a website popular with current and former Reuters staff, Thomson Reuters is in advanced discussions with the US private equity buyout firm…

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January 29, 2018 BY Valentina Kirilova

MAS announces oversubscription of Singapore Savings Bonds

The Monetary Authority of Singapore (MAS) announced today that the Singapore Savings Bond (SSB) which was opened for application in January 2018 (SBFeb18) was oversubscribed. More than 6,300 investors submitted applications totalling approximately S$172 million, exceeding the issuance size of S$150 million. As a result of the oversubscription, some investors will not receive the full…

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State Street Corp offices
January 29, 2018 BY Valentina Kirilova

State Street partners with BestX to provide innovative transaction cost analysis offering

State Street Corporation (NYSE: STT) announced today FX Connect, its FX execution venue, will partner with trade technology software provider BestX in order to offer transaction cost analysis (TCA) solutions globally. With a continued emphasis on best execution driven by regulation, market participants are increasingly looking for holistic solutions to be compliant,” said David Newns,…

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Cboe Global Markets
January 29, 2018 BY Valentina Kirilova

Cboe to list Mini-SPX Index (XSP) Wednesday-expiring weekly options

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced that it plans to list Wednesday-expiring weekly options on the Cboe Mini-SPX Index (XSP), beginning January 30, 2018. Cboe’s new XSP Wednesday-expiring WeeklysSM offer the features of S&P 500® Index (SPX) Weeklys options, but at 1/10th the contract size. Essentially, XSP Weeklys options allow investors to efficiently…

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January 29, 2018 BY Valentina Kirilova

FlexTrade integrates BestX FX trade execution analytics into its FlexTRADER EMS

Multi-asset execution and order management systems company FlexTrade today announced the integration of the BestX trade analytics solution for FX within its FlexTRADER EMS. With a fully interactive interface, users can use BestX to analyse their FX executions in real-time, delivering transparency to enable better decision making whilst meeting the needs of MiFID II compliance…

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January 29, 2018 BY Valentina Kirilova

NEX Group’s Opportunities fund participates in $28 million round by fintech cloud company Duco

Duco, the data engineering technology company, today announced the completion of a $28m investment round by Insight Venture Partners, NEX Opportunities, a NEX Group (LON:NXG) business, and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde. NEX and Duco already cooperate with NEX using Duco’s Cube…

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January 26, 2018 BY Valentina Kirilova

Sun Trading to utilise Cboe Europe Equities systematic internaliser services

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced that Sun Trading, a liquidity provider in the European equities market, will utilise Cboe Europe Equities’ suite of MiFID-II compliant Systematic Internaliser (SI) services, which include SI quote distribution, bilateral connectivity and matching services, and trade reporting. Sun Trading is a global electronic market maker, providing liquidity…

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