Derivative

SGX Partners with Cassini Systems to Help Market Participants Prepare for Uncleared Margin Rules (UMR)

Retrieved on: 
Wednesday, August 26, 2020
Spacecraft, Spaceflight, Financial markets, Cassini–Huygens, Giovanni Domenico Cassini, Jet Propulsion Laboratory, Derivative, Outer space, SGX, Margin, Cassini

SGX and Cassini will also team up to educate and raise awareness among market participants on the process for complying with UMR, through webinars that will take place in the coming months.

Key Points: 
  • SGX and Cassini will also team up to educate and raise awareness among market participants on the process for complying with UMR, through webinars that will take place in the coming months.
  • Cassini is a natural partner for us in this effort to help our market participants with a best-of-breed solution.
  • Once a SGX market participant provides us with information on its OTC positions, we will work with Cassini to turn around a timely and comprehensive analysis.
  • Cassini users can calculate any margin on any cleared or uncleared derivatives asset; analyze drivers and movement in margin exposure; reduce Initial Margin levels; and maximize margin efficiency with the firm's industry leading, advanced algorithms.

SGX Partners with Cassini Systems to Help Market Participants Prepare for Uncleared Margin Rules (UMR)

Retrieved on: 
Wednesday, August 26, 2020
Spacecraft, Spaceflight, Financial markets, Cassini–Huygens, Giovanni Domenico Cassini, Jet Propulsion Laboratory, Derivative, Outer space, SGX, Margin, Cassini

SGX and Cassini will also team up to educate and raise awareness among market participants on the process for complying with UMR, through webinars that will take place in the coming months.

Key Points: 
  • SGX and Cassini will also team up to educate and raise awareness among market participants on the process for complying with UMR, through webinars that will take place in the coming months.
  • Cassini is a natural partner for us in this effort to help our market participants with a best-of-breed solution.
  • Once a SGX market participant provides us with information on its OTC positions, we will work with Cassini to turn around a timely and comprehensive analysis.
  • Cassini users can calculate any margin on any cleared or uncleared derivatives asset; analyze drivers and movement in margin exposure; reduce Initial Margin levels; and maximize margin efficiency with the firm's industry leading, advanced algorithms.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Retrieved on: 
Tuesday, August 25, 2020
Financial law, Stock market, Security, Derivative, Corporate law, Regulation S-K

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Retrieved on: 
Tuesday, August 25, 2020
Financial law, Stock market, Security, Derivative, Corporate law, Regulation S-K

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

PROTEOSTASIS THERAPEUTICS ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of PTI and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, August 24, 2020
Stock market, Derivative, Financial law, Wagering, Stock, Security, Corporations, Economy, Economics

On August 24, 2020, PTI announced that it had signed an agreement to be acquired by Yumanity.

Key Points: 
  • On August 24, 2020, PTI announced that it had signed an agreement to be acquired by Yumanity.
  • Bragar Eagel & Squire is concerned that PTIs board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for PTIs stockholders.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Retrieved on: 
Monday, August 24, 2020
Financial law, Stock market, Security, Derivative, Corporate law, Regulation S-K

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Retrieved on: 
Monday, August 24, 2020
Financial law, Stock market, Security, Derivative, Corporate law, Regulation S-K

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Results of the June 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on: 
Saturday, August 22, 2020
Finance, Money, Economy, Financial markets, Hedge fund, Over-the-counter, Derivative, Short, Repurchase agreement, Credit risk, Asset and liability management

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Results of the June 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

    21 August 2020

    Survey respondents reported the most widespread tightening of credit terms and conditions over a three-month review period since the SESFOD was launched in 2013.

  • For the March 2020 to May 2020 review period, their respective institutions offered less-favourable price and non-price credit terms for all counterparty types.
  • For price terms, non-financial corporations were the most affected counterparty type, while for non-price terms the tightening of conditions was most noticeable for hedge funds.
  • Survey respondents reported that their clients predominantly covered liquidity needs resulting from margin calls by tapping repo markets or credit lines.

Results of the June 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on: 
Saturday, August 22, 2020
Finance, Money, Economy, Financial markets, Hedge fund, Over-the-counter, Derivative, Short, Repurchase agreement, Credit risk, Asset and liability management

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Results of the June 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

    21 August 2020

    Survey respondents reported the most widespread tightening of credit terms and conditions over a three-month review period since the SESFOD was launched in 2013.

  • For the March 2020 to May 2020 review period, their respective institutions offered less-favourable price and non-price credit terms for all counterparty types.
  • For price terms, non-financial corporations were the most affected counterparty type, while for non-price terms the tightening of conditions was most noticeable for hedge funds.
  • Survey respondents reported that their clients predominantly covered liquidity needs resulting from margin calls by tapping repo markets or credit lines.

SEACOAST ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of SCBH and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, August 21, 2020
Financial economics, Stock market, Equity securities, Finance, Corporate finance, Money, Security, Common stock, Stock, Derivative

On August 20, 2020, Seacoast announced that it had signed an agreement to be acquired by Enterprise for approximately $156 million.

Key Points: 
  • On August 20, 2020, Seacoast announced that it had signed an agreement to be acquired by Enterprise for approximately $156 million.
  • Pursuant to the merger agreement, Seacoasts stockholders will receive 0.5061 shares of Enterprise common stock for each share of Seacoast common stock owned.
  • Bragar Eagel & Squire is concerned that Seacoasts board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.