Derivative

TMX Group CEO John McKenzie to present at the 23rd Annual Scotiabank Financials Summit and the Barclays Global Financial Services Conference

Retrieved on: 
Thursday, August 25, 2022

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors.

Key Points: 
  • TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors.
  • TMX Group's key operations include Toronto Stock Exchange , TSX Venture Exchange , TSX Alpha Exchange , The Canadian Depository for Securities , Montral Exchange , Canadian Derivatives Clearing Corporation , and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.
  • TMX Group is headquartered in Toronto and operates offices across North America (Montral, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna.
  • For more information about TMX Group, visit our website at www.tmx.com .

OrBit and BlockFills Execute the First American Barrier Derivative on Bitcoin

Retrieved on: 
Tuesday, August 23, 2022

OrBit Markets, an institutional liquidity provider in crypto options and structured products, has executed the first American barrier (One-Touch) product with BlockFills, a fast-growing global digital asset trading and financial technology company.

Key Points: 
  • OrBit Markets, an institutional liquidity provider in crypto options and structured products, has executed the first American barrier (One-Touch) product with BlockFills, a fast-growing global digital asset trading and financial technology company.
  • An American barrier option, also known as a One Touch, is a derivative whose payoff is conditional upon the underlying asset breaching a specific barrier level during the option's lifetime.
  • The flexibility of one touch and barrier options is a welcome tool to structure cost-effective hedges, says Perry Parker, Head of Derivatives Trading at BlockFills.
  • BlockFills is a disruptive financial technology firm dedicated to the provision of end-to-end solutions for global crypto currency market participants.

North America, Europe & Asia Pacific Legal Cannabis Market Size, Share & Trends Analysis Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 16, 2022

The "North America, Europe & Asia Pacific Legal Cannabis Market Size, Share & Trends Analysis Report by Source Type, by Derivatives, by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America, Europe & Asia Pacific Legal Cannabis Market Size, Share & Trends Analysis Report by Source Type, by Derivatives, by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
  • The North America, Europe, and Asia Pacific legal cannabis market size is expected to reach USD 89.9 billion by 2030 and is expected to expand at a CAGR of 25.3% from 2022 to 2030.
  • Owing to the increasing consumption rate as a result of legalization, North America accounted for the largest revenue share in 2021.
  • High pricing of cannabis compared to illegal markets in the U.S.
    Lower market access to cannabis due to the absence of legalization programs, leading to smuggling
    Industry Analysis - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)

Appointment of Ashok Reddy as CEO of KX

Retrieved on: 
Friday, August 5, 2022

LONDON, Aug. 5, 2022 /PRNewswire/ -- FD Technologies announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating.

Key Points: 
  • LONDON, Aug. 5, 2022 /PRNewswire/ -- FD Technologies announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating.
  • "The market opportunity for KX is considerable," said Reddy.
  • Most recently, Ashok was the CEO of Digital.AI, driving rapid revenue growth and establishing it as the leader in AI-driven DevOps value stream management.
  • Commenting on the appointment, FD Technologies CEO Seamus Keating said: "We're delighted to have Ashok join as CEO of KX.

Appointment of Ashok Reddy as CEO of KX

Retrieved on: 
Friday, August 5, 2022

LONDON, Aug. 5, 2022 /PRNewswire/ -- FD Technologies announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating.

Key Points: 
  • LONDON, Aug. 5, 2022 /PRNewswire/ -- FD Technologies announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating.
  • "The market opportunity for KX is considerable," said Reddy.
  • Most recently, Ashok was the CEO of Digital.AI, driving rapid revenue growth and establishing it as the leader in AI-driven DevOps value stream management.
  • Commenting on the appointment, FD Technologies CEO Seamus Keating said: "We're delighted to have Ashok join as CEO of KX.

Macquarie Global Infrastructure Total Return Fund Inc.

Retrieved on: 
Friday, July 29, 2022

*Cumulative total return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period December 1, 2021 through June 30, 2022.

Key Points: 
  • *Cumulative total return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period December 1, 2021 through June 30, 2022.
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
  • The Fund will be concentrated in the infrastructure industry, and will be more susceptible to adverse economic or regulatory occurrences affecting that industry than a fund that is not concentrated in a specific industry.
  • Certain of the investment techniques that the Fund may employ for hedging or to increase income or total return will expose the Fund to additional risks.

Wells Fargo Veteran Matthew Petrik Joins Derivative Path to Spearhead Growing International Payments and FX Product

Retrieved on: 
Tuesday, July 19, 2022

In this role, Petrik will oversee the vision and roadmap for Derivative Paths rapidly growing Foreign Exchange product.

Key Points: 
  • In this role, Petrik will oversee the vision and roadmap for Derivative Paths rapidly growing Foreign Exchange product.
  • Petrik joins Derivative Path after spending more than 23 years at Wells Fargo Bank, where he was most recently Head of Product for FX Payment Solutions.
  • He was part of the team that launched the flagship product FXOL on the Wells Fargo Commercial Electronic Portal.
  • Im very excited to help drive Derivative Paths FX product team forward and continue its path of innovation, said Petrik.

Royalty Pharma Agrees to Acquire Royalty Interest in TRELEGY ELLIPTA From Theravance and Innoviva for $1.31 Billion and Potential Milestones of $300 Million

Retrieved on: 
Wednesday, July 13, 2022

In 2021, Trelegy generated sales of $1.68 billion, an increase of 57% at constant exchange rates versus the prior year.

Key Points: 
  • In 2021, Trelegy generated sales of $1.68 billion, an increase of 57% at constant exchange rates versus the prior year.
  • We are excited to acquire this royalty from Theravance and Innoviva, said Pablo Legorreta, Royalty Pharmas founder and Chief Executive Officer.
  • Royalty Pharma is acquiring from Theravance and Innoviva all of the equity interests in Theravance Respiratory Company, LLC, which is entitled to an upward tiering royalty of 6.5% to 10% on annual worldwide Trelegy sales, payable by GSK.
  • In exchange, Royalty Pharma will receive a low- to mid-single digit royalty on worldwide sales of ampreloxetine.

Davis Polk Elects Nine New Partners

Retrieved on: 
Wednesday, June 29, 2022

Davis Polk has announced that Mari Grace Byrne, Dan Gibbons, Michael Gilson, James Haldin, Ran Li, Connie Milonakis, Christopher Nairn-Kim, David Schiff and Caitlin Wood have been elected partners of the firm, effective July 1, 2022.

Key Points: 
  • Davis Polk has announced that Mari Grace Byrne, Dan Gibbons, Michael Gilson, James Haldin, Ran Li, Connie Milonakis, Christopher Nairn-Kim, David Schiff and Caitlin Wood have been elected partners of the firm, effective July 1, 2022.
  • Dan Gibbons is a member of Davis Polks Capital Markets practice in New York.
  • James Haldin is a member of Davis Polks White Collar Defense & Investigations and Data Privacy & Cybersecurity practices in New York.
  • Davis Polk & Wardwell LLP (including its associated entities) is an elite global law firm with world-class practices across the board.

Macquarie Global Infrastructure Total Return Fund Inc.

Retrieved on: 
Friday, June 24, 2022

*Cumulative total return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period December 1, 2021 through May 31, 2022.

Key Points: 
  • *Cumulative total return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period December 1, 2021 through May 31, 2022.
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
  • The Fund will be concentrated in the infrastructure industry, and will be more susceptible to adverse economic or regulatory occurrences affecting that industry than a fund that is not concentrated in a specific industry.
  • Certain of the investment techniques that the Fund may employ for hedging or to increase income or total return will expose the Fund to additional risks.