BALTIMORE, Dec. 15 (Korea Bizwire) — Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, the “Algeco Group”) today announced the successful closing of the acquisition by the Algeco Group’s subsidiary, Target Logistics Management, LLC (“Target Logistics”), of Iron Horse Ranch from funds managed by TDR Capital LLP (“TDR”). The acquisition solidifies Target Logistics’ position as [...]
WOODSIDE, Calif. and NEW YORK, Dec. 14 (Korea Bizwire) — GSV Asset Management, LLC (“GSV”), a modern merchant bank that identifies, advises, and invests in the fastest growing, most dynamic companies in the world – the Stars of Tomorrow – today announced a strategic investment from a group led by HMC Capital (“HMC”), a leading Latin American advisory and investment [...]
BALTIMORE, Md., Dec. 10 (Korea Bizwire) — Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, the “Algeco Group”) today announced that a finance special purpose vehicle that will be a subsidiary of the Algeco Group has entered into a senior debt package arranged by a syndicate of lending institutions and a preferred stock facility with [...]
NEW YORK, Dec. 7 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ), the world’s leading provider of market technology, was selected as having the ‘Best New Technology Product – Market Surveillance’ in this year’s FOW International Awards. Nasdaq’s SMARTS Surveillance solution received the award for its Depth View, which enables compliance analysts to visualize order-book imbalance with alert-specific views of [...]
RIYADH, N.Y. and STOCKHOLM, Sweden, Dec. 4 (Korea Bizwire) — The Saudi Stock Exchange (Tadawul) and Nasdaq have officially signed an agreement to transform Tadawul’s post-trade technology infrastructure, which includes registry, depository and risk management technologies. In addition to the post-trade area, Nasdaq will continue to support the existing trading and market surveillance technology at Tadawul. The [...]
STOCKHOLM, Sweden, Nov. 29 (Korea Bizwire) — The Market Technology business of Nasdaq (Nasdaq:NDAQ) has won ‘Best Central Counterparty Clearing Support Product of the Year’ awarded by Risk.net. The winning entry focused on the Nasdaq Financial Framework. The solution, originally launched in 2016, incorporates the world’s leading multi-asset and real-time clearing, settlement and risk management. [...]
New York, NY, Nov. 28 (Korea Bizwire) — As blockchain and cryptocurrency companies continue to raise millions of dollars in funding, there’s an urgent need in the market for companies and investors to be able to better manage its cryptocurrency assets with hedging products and tools. Olympus Labs believes that by offering financial tools and [...]
NEW YORK, Nov. 27 (Korea Bizwire) — BNP Paribas announces a new joint initiative between its Corporate and Institutional Banking (CIB) and Bank of the West Commercial Banking Group (CBG) to offer Mergers and Acquisitions (M&A) services to Bank of the West commercial clients. This new initiative will provide tailored M&A advice and solutions for [...]
STOCKHOLM, Sweden and JOHANNESBURG, South Africa, Nov. 22 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) and Strate (Pty) Ltd, the South African CSD, announced today an agreement for Nasdaq to deliver a new blockchain solution that would bring electronic voting to the South African capital markets. The solution will allow Strate, in conjunction with key stakeholders in the [...]
NEW YORK and PORT MORESBY, Papua New Guinea, Nov. 21 (Korea Bizwire) — Nasdaq Inc. (NASDAQ:NDAQ) and the Port Moresby Stock Exchange (POMSoX) have announced that POMSoX has gone live with the widely deployed Nasdaq Matching Engine that operates on the Nasdaq Financial Framework platform. The launch of the new trading platform is a result [...]