Gabelli Merger Plus+ Trust PLC, a newly incorporated close-ended public limited company, has begun trading on the Specialist Fund Segment of the London Stock Exchange’s Main Market. Gabelli Merger Plus+ Trust PLC raised gross proceeds of USD100,111,000. Robert Barnes, Global
CBOE Holdings is planning to list options on Blue Apron Holdings (APRN), a meal-kit delivery service. CBOE Holdings anticipates trading in options on Blue Apron will begin on Monday, 10 July, at Chicago Board Options Exchange (CBOE) and C2 Options
ICE Endex is now a fully owned subsidiary of Intercontinental Exchange (ICE), following ICE’s acquisition of the remaining 20 per cent stake of ICE Endex shares from NV Nederlandse Gasunie. Terms of the deal have not been disclosed. In
The hedge fund industry faces a challenging environment in Europe, with overall assets under management declining in 2016, and net asset outflows continuing through Q1 2017, according to a new report from Preqin. Hedge Funds In Europe reveals that as
Mark Hawtin, Investment Director, GAM, on the challenges facing Apple… The numbers reported by Apple last night showed that Apple is struggling to grow in a smartphone market that is becoming saturated at the high end. The move to the iPhone
Up until recently, machine intelligence could only be used by large sell-side institutions and sophisticated quantitative trading groups to improve how they operated in the marketplace. But as technology advances continue to push the depth and breadth of machine learning
Intercontinental Exchange has reported a new daily volume record of 3.35 million contracts for the Three Month Sterling (Short Sterling) futures contract set on 15 June, 2017. The previous record was 2.89 million contracts set in June 2014. On 13
Fenics Market Data, BGC’s Market Data division, has agreed to a distribution partnership with OTC energy brokerage Amerex Brokers (Amerex), whereby Fenics Market Data will provide Amerex energy-focused market data products to its customer base. The Amerex market data service
The State Street Global Investor Confidence Index (ICI) rose to 108.3 in December 2015, up 1.0 point from November’s revised reading of 107.3, driven by an increase in the European ICI from 96.2 to 103.7 along with the Asian ICI
Japan is host to some of the largest pools of institutional investment assets in the world. It ought to be a magnet for asset managers of all kinds, and especially for the alternative investment managers that are garnering substantial shares
