Information giant Thomson Reuters (NYSE: TRI) has announced early tender results for its previously announced cash tender offer (the "Tender Offer") to purchase up to an aggregate principal amount of US$650 million (the “Maximum Amount”) of debt securities listed in the table below (collectively, the "Notes"). As more than the Maximum Amount of Notes was…
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Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that it has appointed Les Turner as Vice President, Investor Communication Solutions International. As part of a management role focused on operations and client service within Broadridge’s global proxy business, Turner will work closely with product, sales and account management teams. He is based in London and…
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Saint Petersburg International Mercantile Exchange (SPIMEX) and S&P Global Platts, a division of S&P Global, have announced that they have signed a memorandum of understanding (MoU) at the Russian Energy Week 2018, held in Moscow. Under its terms, the parties agree to work on the development of pricing mechanisms for exported Russian crude oil including…
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Continuing a months-long hiring spree, FCA regulated Prime of Prime brokerage Stater Global Markets has announced that Michael Davies has joined the company and has been appointed Global Head of Sales. Michael Davies joins Stater after over 14 years at Sucden Financial, where he was Head of eFX Sales EMEA and was instrumental in establishing and growing…
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Multi-asset electronic trading solutions provider smartTrade Technologies has announced that it has been chosen by SEBA Crypto AG (SEBA), to deliver SEBA’s state-of-the-art crypto and traditional assets trading platform. SEBA has the ambition to build a regulated bank to bridge the gap between the crypto and traditional financial economies. Headquartered in Zug, Switzerland, SEBA wants…
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London based global commodities broker Marex Spectron has announced the appointment of Carter Evans to head its North American grains desk. He starts on 3 October and is based at Marex Spectron’s New York office. Evans has previously worked at Macquarie Bank, where he covered global commodities sales and institutional clients. Marex Spectron has one…
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After seeing UK hedge fund Odey Asset Management acquire a 5% stake in the company a month ago, online gaming and financial trading company Playtech PLC (LON:PTEC) has had Dublin, Ireland based value investor Setanta Asset Management jump in and buy a slightly smaller but still significant 3% interest in Playtech. The Setanta stake in…
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Corporate foreign exchange specialist Alpha FX Group plc (LON:AFX) has announced that the company has raised a total of £20 million (USD $26 million) through the issue of an aggregate of 3,218,602 new ordinary shares at a price of 620 pence per share. The company said that the share placing attracted strong support from high quality institutional investors.…
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At the 58th General Assembly in Athens today, the World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has elected seven Directors of the Board. Today’s seven elected Directors of the Board are as follows: Dr Urs Rüegsegger, Chairman, SIX Swiss Exchange - Chairman, WFE (2-year term) Mr Edward Tilly,…
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Agricultural producer sentiment dropped to its lowest level since October 2016 as producers expressed concern over worsening farm financial conditions, according to the latest Purdue University/CME Group Ag Economy Barometer reading. The September barometer reading was 114, down 15 points since August. The barometer is based on a monthly survey of 400 agricultural producers from…
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