Market liquidity

Autoliv Completes Spin-off

Retrieved on: 
Monday, July 2, 2018
Autoliv, Science and technology in the United States, Economy of Sweden, Economy, Market liquidity

Prior to the spin-off and as previously announced, Autoliv made cash contributions to Veoneer so that Veoneer has total cash liquidity of approximately $1 billion.

Key Points: 
  • Prior to the spin-off and as previously announced, Autoliv made cash contributions to Veoneer so that Veoneer has total cash liquidity of approximately $1 billion.
  • Autoliv funded the contribution through a mixture of new external funding and existing cash.
  • The spin-off of Veoneer completes the process that started in September last year when Autoliv announced its plan to spin off its electronics segment, with the intent to create two separate companies capable of addressing two distinct, growing markets with leading product offerings.
  • With our broad, strong product portfolio and with the capabilities we have in the organization, I look forward to Autoliv further driving innovation into the future," said Mikael Bratt, President and CEO of Autoliv.

Autoliv Completes Spin-off

Retrieved on: 
Monday, July 2, 2018
Autoliv, Science and technology in the United States, Economy of Sweden, Economy, Market liquidity

Prior to the spin-off and as previously announced, Autoliv made cash contributions to Veoneer so that Veoneer has total cash liquidity of approximately $1 billion.

Key Points: 
  • Prior to the spin-off and as previously announced, Autoliv made cash contributions to Veoneer so that Veoneer has total cash liquidity of approximately $1 billion.
  • Autoliv funded the contribution through a mixture of new external funding and existing cash.
  • The spin-off of Veoneer completes the process that started in September last year when Autoliv announced its plan to spin off its electronics segment, with the intent to create two separate companies capable of addressing two distinct, growing markets with leading product offerings.
  • With our broad, strong product portfolio and with the capabilities we have in the organization, I look forward to Autoliv further driving innovation into the future," said Mikael Bratt, President and CEO of Autoliv.

Infosys Finacle to Power Santander UK's International Cash Management System

Retrieved on: 
Tuesday, June 26, 2018
Economy, Financial services, Money, Banking, Finacle, Infosys, Financial markets, Financial management, Cash flow, Market liquidity, Santander UK, Bank

To enhance the user experience, Santander will introduce an inter-bank cash management portal to provide its corporate customers a fully-integrated solution with resilient, secure cash management services accessible through any device of their choice.

Key Points: 
  • To enhance the user experience, Santander will introduce an inter-bank cash management portal to provide its corporate customers a fully-integrated solution with resilient, secure cash management services accessible through any device of their choice.
  • Santander will utilize Finacle's proven digital offering which includes Finacle Online Banking, Omnichannel Hub, Payment Solution and Liquidity Management Solution to help achieve this, and to better support its customers.
  • With Finacle, Santander UK will be able to strengthen its multi-channel cash management, cash forecasting and payment services
    Finacle's Liquidity Management Solution (LMS) will enable multi-bank reporting and cash management capabilities including sweeping, target balancing and notional pooling
    Further, corporate treasurers will be empowered to design liquidity structures to achieve the required level of visibility and control over funds.
  • BartTimmermans,HeadofGlobalTransactionBanking(GTB),SantanderUK, said, "Using Finacle solutions, Santander will provide our corporate customers a single point of access to better manage their interbank global commercial cash flow conveniently and securely.

New Capital Markets Study: International Public Companies Get Home Market and US Boost From Cross-Trading on OTCQX

Retrieved on: 
Thursday, June 21, 2018
Economy, Finance, Money, Financial markets, Stock market, OTC Markets Group, Over-the-counter, Market liquidity, Security

The independent study, "The OTCQX Advantage: Benefits for International Companies," was conducted by strategic advisory firm Oxford Metrica to evaluate the value and liquidity impact within an international company's home market upon cross-trading on OTCQX, the premium market of the US over-the-counter ("OTC") equity market.

Key Points: 
  • The independent study, "The OTCQX Advantage: Benefits for International Companies," was conducted by strategic advisory firm Oxford Metrica to evaluate the value and liquidity impact within an international company's home market upon cross-trading on OTCQX, the premium market of the US over-the-counter ("OTC") equity market.
  • The study evaluated a data set of over 500 international issuers that have traded on the OTCQX Market since 2007.
  • The empirical study evaluates the value and liquidity impact within the home market of the respective international firms once they have joined OTCQX.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for 10,000 U.S. and global securities.

New Capital Markets Study: International Public Companies Get Home Market and US Boost From Cross-Trading on OTCQX

Retrieved on: 
Thursday, June 21, 2018
Economy, Finance, Money, Financial markets, Stock market, OTC Markets Group, Over-the-counter, Market liquidity, Security

The independent study, "The OTCQX Advantage: Benefits for International Companies," was conducted by strategic advisory firm Oxford Metrica to evaluate the value and liquidity impact within an international company's home market upon cross-trading on OTCQX, the premium market of the US over-the-counter ("OTC") equity market.

Key Points: 
  • The independent study, "The OTCQX Advantage: Benefits for International Companies," was conducted by strategic advisory firm Oxford Metrica to evaluate the value and liquidity impact within an international company's home market upon cross-trading on OTCQX, the premium market of the US over-the-counter ("OTC") equity market.
  • The study evaluated a data set of over 500 international issuers that have traded on the OTCQX Market since 2007.
  • The empirical study evaluates the value and liquidity impact within the home market of the respective international firms once they have joined OTCQX.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for 10,000 U.S. and global securities.

Nubeva Engages Mackie Research Capital for Market Maker Services

Retrieved on: 
Tuesday, June 19, 2018
Economy, Finance, Money, Financial markets, Investment banking, Market liquidity, Security, Cloud computing, Bank, Software as a service, Mackie

Mackie will trade shares of Nubeva on the TSXV with the objective of maintaining a reasonable market and improving the liquidity of Nubeva's common shares.

Key Points: 
  • Mackie will trade shares of Nubeva on the TSXV with the objective of maintaining a reasonable market and improving the liquidity of Nubeva's common shares.
  • Mackie and the Company are unrelated and unaffiliated entities, but Mackie may provide investment banking services to the Company and Mackie and/or its clients may have an interest, directly or indirectly, in the securities of the Company.
  • As a fully integrated national investment dealer, Mackie offers a full complement of capital markets and wealth management services to private clients, institutions and growth companies.
  • Nubeva Technologies Ltd. develops Software-as-a-Service (SaaS) software and services that enable enterprises to run best-of-breed cybersecurity in public cloud environments.

Great Rock Capital Expands Team, Adds Managing Director of Originations

Retrieved on: 
Wednesday, June 13, 2018
GE Capital, Market liquidity, Grabow, Geography of Germany

WESTPORT, Conn., June 13, 2018 /PRNewswire/ -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Jared Grabow has joined the firm as Managing Director of Originations.

Key Points: 
  • WESTPORT, Conn., June 13, 2018 /PRNewswire/ -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Jared Grabow has joined the firm as Managing Director of Originations.
  • "We are excited to have Jared join Great Rock as we expand into the Texas market," said Stuart Armstrong, CEO of Great Rock Capital.
  • Grabow joins Great Rock Capital with almost 20 years of experience, holding positions at WM Capital Partners, Doral Bank, and GE Capital.
  • Great Rock Capital provides fast, flexible and creative financing solutions to maximize its customers' liquidity to enable them to better execute their business plans.

Peoplewave to List on QRYPTOS exchange on 12 June 2018

Retrieved on: 
Thursday, June 7, 2018
Financial markets, Market liquidity, Cryptocurrencies, Blockchains

SINGAPORE, June 7, 2018 /PRNewswire/ -- Having successfully concluded its ICO, Peoplewave will be listing its PWV tokens on the QRYPTOS exchange on 12 June,13:18 (UTC+08:00).

Key Points: 
  • SINGAPORE, June 7, 2018 /PRNewswire/ -- Having successfully concluded its ICO, Peoplewave will be listing its PWV tokens on the QRYPTOS exchange on 12 June,13:18 (UTC+08:00).
  • One of the top global cryptocurrency exchanges ranked by trading volume, QRYPTOS sees transaction volumes in the tens of millions of dollars daily.
  • Listing of QRYPTOS provides Peoplewave's contributors with immediate liquidity for PWV tokens.
  • In addition to QRYPTOS, Peoplewave is in discussions with a number of other top exchanges to further enhance the liquidity of its PWV tokens.

Update on Invuo's Financial Position

Retrieved on: 
Tuesday, May 22, 2018
Financial markets, Market liquidity

In the press release the Company also announced it would seek alternatives to funding through AJ Group.

Key Points: 
  • In the press release the Company also announced it would seek alternatives to funding through AJ Group.
  • As separately announced today, Invuo has agreed to sell assets related to Seamless Distribution Systems AB ("SDS"), for a total consideration of SEK 17.5 million.
  • This injection of liquidity will allow Invuo to continue operations, and to invest in its two businesses, MeaWallet and eProducts.
  • With the agreement to sell the SDS assets, uncertainty related to Invuo's short-term liquidity position have been resolved.

Banker Confidence Shifts to Lowest Point Ever as Bank Leaders Project Higher Funding Costs and Stronger Competition from Both Traditional and Nontraditional Players

Retrieved on: 
Monday, May 14, 2018
Economy, Finance, Money, Promontory Interfinancial Network, Banking, Market liquidity, Bank

In fact, the Bank Confidence IndexSM, which is calculated using the results of Promontory Interfinancial Network's latest Bank Executive Business Outlook Survey, dropped 4.8 points this quarter from 50.5 to 45.7.

Key Points: 
  • In fact, the Bank Confidence IndexSM, which is calculated using the results of Promontory Interfinancial Network's latest Bank Executive Business Outlook Survey, dropped 4.8 points this quarter from 50.5 to 45.7.
  • Mark Jacobsen, President & CEO of Promontory Interfinancial Network explained, "A record number of bank respondents76%faced more competition for deposits over the last 12 months, and 81% reported higher funding costs."
  • A whopping 62%, or nearly two out of every three bank respondents, perceived Amazon as a level 4 or 5 disruptor.
  • Network members use Promontory Interfinancial Network's balance sheet and liquidity management solutions to acquire and retain large-dollar customer relationships, purchase funding, reduce collateralization costs, and buy and sell bank assets.