Category: Institutional

Building on the firm’s established IvyDB US historical database, IvyDB US – Intraday delivers snapshots at 10 a.m., 2 p.m. and 3:45 p.m. Eastern Time.  These include options prices, implied volatilities, underlying prices, dividend yields, borrow rates and zero curves.  The dataset is also said to capture 0DTE (zero days to expiration) options, whose volatility…

The company said in a release on Monday that the fund aims to provide diversified total returns with lower volatility and stronger downside protection by tapping into PIMCO’s best ideas across the credit spectrum, including high-yield bonds, emerging market debt and bank loans. It is also said to feature a monthly distribution component, catering to…

The financial services platform reported H1 revenue of $967.4 million, up 23% from a year earlier, while adjusted profit before tax rose 27% to $202.7 million.  Reported profit before tax jumped 45% to $201.6 million. The adjusted PBT margin improved to 21.0% from 20.2% a year ago. Second-quarter revenue increased 18% year-on-year to $500.1 million,…

SBI Financial Services, an intermediate holding company for the group’s financial services business, entered a capital and business alliance with Double Standard in December 2019.  The latest purchase of 55,000 shares through market transactions will lift the group’s voting rights ownership ratio from 19.73% to 20.13%. Double Standard specialises in generating and supplying big data…

OTP Bank is one of Hungary’s largest commercial banks and part of OTP Group, a leading banking group in Central and Eastern Europe undergoing significant growth.  Its decision to join CLSSettlement is said to reflect the increasing adoption of payment-versus-payment (PvP) settlement solutions among financial institutions seeking to reduce foreign exchange settlement risk, enhance operational…

The deal, first announced in March, sees Benchmark’s team and operations integrated into StoneX’s Institutional division.  The Benchmark brand will be retained in the near term to maintain client continuity. Benchmark is known for its strong client relationships and expertise in sectors such as technology, industrials, consumer and healthcare.  The firm provides investment banking, equity…

The move marks an expansion of the Eurobond infrastructure into the Asia-Pacific region. Starting 1 August 2025, BOCHK will support the issuance, safekeeping, and lifecycle servicing of international securities under the Eurobond model.  The appointment follows BOCHK’s successful completion of the ICSDs’ qualification process. The Eurobond market, valued at over €13 trillion, has long provided…

The move is expected to help clients better manage settlement risks and prepare for the transition to T+1 settlement cycles. The updated tool uses artificial intelligence to forecast the likelihood of timely settlement and estimate potential penalty costs.  The firm explained that by analysing transaction details and historical settlement patterns, it can identify at-risk instructions…