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Nasdaq Reports Second Quarter 2017 Results; Achieves Record Quarterly Net Revenues

Nasdaq Reports Second Quarter 2017 Results; Achieves Record Quarterly Net Revenues

NEW YORK, Jul. 26 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the second quarter of 2017.  Second quarter 2017 net revenues were $602 million, up $43 million or 8% from $559 million in the prior year period.  The second quarter increase in net revenues included a $34 million positive impact from [...]

Nasdaq Elects New Board Member

Nasdaq Elects New Board Member

NEW YORK, Jul. 26 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) today announced the addition of John D. Rainey to the Nasdaq Board of Directors following his election by the board on July 25, 2017. John is Executive Vice President and Chief Financial Officer of PayPal Holdings, Inc. In his role, John oversees financial stability and growth [...]

Nasdaq to Acquire Sybenetix

Nasdaq to Acquire Sybenetix

NEW YORK & LONDON, Jul. 25 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today announced that it has entered into a definitive agreement to acquire Sybenetix, a leading surveillance provider that combines behavioral analytics and cognitive computing with financial markets expertise. Sybenetix’s technology offering is designed to solve key surveillance challenges facing the asset management industry.   [...]

Jennifer Powers to Join Global Infrastructure Partners as a Partner and Chair of GIP’s Credit Business

Jennifer Powers to Join Global Infrastructure Partners as a Partner and Chair of GIP’s Credit Business

New York, Jul. 19 (Korea Bizwire) — Global Infrastructure Partners (GIP), the leading, independent global infrastructure investment firm, announced today that Jennifer Powers will join GIP in September as a Partner and Chair of GIP’s Credit Business. Ms. Powers will work closely with GIP Partner Jon Bram and GIP CAPS Fund Managing Partners Reiner Boehning [...]

AGF Welcomes Regina Chi as Vice-President and Portfolio Manager, AGF Emerging Markets

AGF Welcomes Regina Chi as Vice-President and Portfolio Manager, AGF Emerging Markets

TORONTO, Jul. 19 (Korea Bizwire) — AGF Investments Inc. (AGF) (TSX:AGF.B) is pleased to announce the appointment of Regina Chi to the position of Vice-President and lead Portfolio Manager* on AGF’s Emerging Markets strategies, including the AGF Emerging Markets Fund. She joins the organization on August 14, 2017. “Regina deepens the bench strength of our global equity [...]

BNP Paribas Announces Settlement with the US Federal Reserve Regarding Activity in the FX Markets from 2007 to 2013

BNP Paribas Announces Settlement with the US Federal Reserve Regarding Activity in the FX Markets from 2007 to 2013

PARIS, Jul. 17 (Korea Bizwire) — BNP Paribas today announced a settlement with the Board of Governors of the Federal Reserve System (“FRB”) relating to past misconduct in its foreign exchange business. Under this settlement with the FRB, BNP Paribas will pay a fine of USD 246 million (approximately 215 million euros) which will be [...]

The Nigerian Stock Exchange Goes Live with Nasdaq SMARTS Market Surveillance Technology

The Nigerian Stock Exchange Goes Live with Nasdaq SMARTS Market Surveillance Technology

LAGOS, Nigeria and STOCKHOLM, Sweden, Jul. 17 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) and The Nigerian Stock Exchange (NSE) have officially announced that NSE, the stock exchange of the largest economy in Africa, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. The technology will, amongst other things, enable NSE to proactively [...]

IIROC Extends Contract with Nasdaq SMARTS, Bolsters Surveillance Technology

IIROC Extends Contract with Nasdaq SMARTS, Bolsters Surveillance Technology

TORONTO and NEW YORK, Jul. 14 (Korea Bizwire) — The Investment Industry Regulatory Organization of Canada (IIROC) and Nasdaq, Inc. (Nasdaq:NDAQ) have signed an agreement which extends the surveillance technology relationship between IIROC and Nasdaq’s SMARTS. In this new phase, IIROC will increase its capabilities in advancing its cross-market, multi-asset surveillance across five stock exchanges and eight Equity [...]

Westwood Holdings Group and Aviva Investors Strategic Partnership: Update

Westwood Holdings Group and Aviva Investors Strategic Partnership: Update

DALLAS, July 12, 2017 (Korea Bizwire) — Westwood Holdings Group, Inc. (NYSE:WHG) is pleased to announce an update regarding our long-term strategic partnership with Aviva Investors in the global convertibles asset class. With immediate effect, Aviva Investors has appointed Westwood to transition from advisory to discretionary sub-investment manager of the Aviva Investors Global Convertibles Fund, [...]