Category: Institutional

PepsiCo acquires SodaStream International Ltd. for $3.2 billion
August 21, 2018 BY Valentina Kirilova

PepsiCo acquires SodaStream International Ltd. for $3.2 billion

PepsiCo, Inc. (NASDAQ:PEP) and SodaStream International Ltd. (NASDAQ:SODA) have announced that they have entered into an agreement under which PepsiCo has agreed to acquire all outstanding shares of SodaStream for $144.00 per share in cash, which represents a 32% premium to the 30-day volume weighted average price. PepsiCo and SodaStream are an inspired match," said…

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Citi invests in low latency connectivity provider TransFICC
August 20, 2018 BY Valentina Kirilova

Citi invests in low latency connectivity provider TransFICC

TransFICC, the specialist provider of low-latency connectivity for Fixed Income and Derivatives Markets, has just informed the public that it has secured a strategic investment from Citi. Citi joins existing shareholders, Illuminate Financial, Main Incubator (part of Commerzbank) and The FinLab. TransFICC resolves the issue of market fragmentation by providing banks and asset managers with…

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Tradeweb brings RFQ trading to the options industry
August 17, 2018 BY Valentina Kirilova

Tradeweb brings RFQ trading to the options industry

Trading platform Tradeweb has announced the launch of the Tradeweb U.S. options platform for institutional customer-to-dealer trading. Designed to improve efficiency and access to liquidity in the surging U.S. options market, the Tradeweb U.S. equity options platform allows institutional investors to directly source full-size price quotes from multiple market makers using the request for quote…

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August 13, 2018 BY Valentina Kirilova

Will investment into SMEs remain after Brexit?

After Dr Pippa Malmgren, advisor to the Department of International Trade and former White House official under President George W Bush, spoke of Foreign Direct Investment into the UK rising despite scaremongering from Project Fear, Luke Davis, CEO, and Founder of Mayfair-based investment house IW Capital has responded with what this will mean for SMEs…

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Tools For Brokers integrates two regulatory reports into BBI
August 13, 2018 BY Valentina Kirilova

Tools For Brokers integrates two regulatory reports into BBI

Brokerage technology solutions provider Tools For Brokers has just announced that it has integrated capital adequacy and end of day reports into its flagship product, Brokers Business Intelligence (BBI). Released at the start of this year, BBI is a web-based platform for cross-functional risk management and a business analytic service integrated with both MT4 and…

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FCA allows retail investors greater access to long-term investment opportunities
August 10, 2018 BY Valentina Kirilova

GSR Capital to invest in tZERO at $1.5 billion valuation

Overstock.com, Inc. (NASDAQ:OSTK) and t0.com, Inc. (tZERO) have announced that the companies have both signed term sheets with GSR Capital, a Hong Kong based private equity firm, to invest up to $374.55 million in exchange for common equity in blockchain subsidiary tZERO and common equity in Overstock.com. Overstock and GSR Capital have also entered into…

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cme group building
August 10, 2018 BY Valentina Kirilova

CME Group adds new S&P Communication Services Select Sector futures

Derivatives marketplace CME Group has just announced that it will expand its suite of E-mini S&P Select Sector futures with the addition of a new Communication Services Select Sector futures contract. Pending regulatory review, the new product will be available to trade starting Sept. 10, 2018, alongside CME Group's existing 10 Select Sector futures products.…

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Celer Technologies teams up with White label eSystems
August 09, 2018 BY Valentina Kirilova

Celer Technologies teams up with White label eSystems

Celer Technologies, a provider of Foreign Exchange trading technology solutions to banks, brokers, buy-side, ECNs and trading venues, has announced a newly formed alliance with White label eSystems (WLES) of India. Head quartered in Mumbai White Label eSystems (WLES) is the formation three industry leaders: Bimal Parekh from Sunidhi, Gautam Ashra of Kanji Pitamber and…

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