August 26, 2025 BY Sam Boughedda
Carlyle to Acquire intelliflo from Invesco in $200m Deal
The purchase price is comprised of $135 million at closing, which is expected in the fourth quarter of this year, subject to certain closing conditions, and up to an additional $65 million in potential future earn-outs. The transaction includes intelliflo’s U.S. subsidiaries, RedBlack and intelliflo Portfolio. The company said intelliflo's US-based subsidiaries will be established…
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August 22, 2025 BY Sam Boughedda
LeveL Markets and Nasdaq Canada Announce Trading Connectivity Partnership
Under the agreement, Luminex has integrated access to Nasdaq Canada’s CXD trading book, giving users an additional source of non-displayed liquidity. The firm explained that the integration is designed to support efficient block trading, robust size discovery and potential price improvement opportunities, subject to regulatory approval. Luminex, owned and operated by U.S.-based LeveL Markets, has…
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August 22, 2025 BY Sam Boughedda
State Street Joins J.P. Morgan’s Digital Debt Service as First Third-Party Custodian
The move was marked by a $100 million commercial paper transaction issued by Oversea-Chinese Banking Corporation (OCBC), with State Street Investment Management acting as the anchor investor and J.P. Morgan Securities as placement agent. The deal showcased the platform’s ability to enable precision-timed settlement, including T+0 settlement, and automated lifecycle management through smart contracts. Integration…
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August 20, 2025 BY Sam Boughedda
OptionMetrics Launches IvyDB US – Intraday for Equity and 0DTE Options Analysis
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…
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August 18, 2025 BY Sam Boughedda
Standard Chartered Launches 4th VCC Sub-Fund
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…
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August 14, 2025 BY Sam Boughedda
Marex Revenue Rises in H1, Boosted by Growth in Agency and Execution
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,…
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August 14, 2025 BY Sam Boughedda
SBI Holdings Raises Stake in Double Standard Inc.
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…
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August 12, 2025 BY Sam Boughedda
GBT Technologies to Rebrand as Wertheim & Company; Emil Assentato Joins as Strategic Investor
Craig Marshak will be appointed chief executive officer, bringing more than 30 years of investment banking and growth capital experience, including a leadership role at Nomura’s $500 million Growth and Technology Fund in London. The company also intends to appoint Harinder Sandhu to its board. The “Wertheim & Company” trademark dates back to the original…
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August 11, 2025 BY Sam Boughedda
ATFX Connect Appoints Professor Trevor Williams as Consultant Economist
The firm said that Williams will provide economic commentary and strategic analysis to strengthen the firm’s thought leadership and equip clients with a deeper understanding of a rapidly changing global economy. A well-known figure in financial circles, Williams served as chief economist at Lloyds Bank Commercial Banking for more than a decade. He is also…
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