ABN

Cboe Europe Derivatives Secures Support of Key Participants for Single Stock Options Launch

Retrieved on: 
Wednesday, October 18, 2023

AMSTERDAM and LONDON, Oct. 18, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE) today announced it has secured commitment from of a broad range of participants to support the launch of single stock options on Cboe Europe Derivatives (CEDX), Cboe Europe B.V.'s pan-European equity derivatives exchange.

Key Points: 
  • AMSTERDAM and LONDON, Oct. 18, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE) today announced it has secured commitment from of a broad range of participants to support the launch of single stock options on Cboe Europe Derivatives (CEDX), Cboe Europe B.V.'s pan-European equity derivatives exchange.
  • Iouri Saroukhanov, Head of European Derivatives, Cboe Europe, said: "We are delighted to have secured the support of such a strong group of participants to support the launch of single stock options on CEDX.
  • CEDX will offer first class levels of efficiencies to options participants from a trading and clearing perspective, including margin efficiencies and domestic stock settlement on options exercise, to help grow options markets in Europe."
  • CEDX launched in September 2021, initially offering trading in futures and options based on key Cboe Europe single country and pan-European indices, with clearing provided by Cboe Clear Europe.

Cboe Europe Derivatives Secures Support of Key Participants for Single Stock Options Launch

Retrieved on: 
Wednesday, October 18, 2023

AMSTERDAM and LONDON, Oct. 18, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE) today announced it has secured commitment from of a broad range of participants to support the launch of single stock options on Cboe Europe Derivatives (CEDX), Cboe Europe B.V.'s pan-European equity derivatives exchange.

Key Points: 
  • AMSTERDAM and LONDON, Oct. 18, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE) today announced it has secured commitment from of a broad range of participants to support the launch of single stock options on Cboe Europe Derivatives (CEDX), Cboe Europe B.V.'s pan-European equity derivatives exchange.
  • Iouri Saroukhanov, Head of European Derivatives, Cboe Europe, said: "We are delighted to have secured the support of such a strong group of participants to support the launch of single stock options on CEDX.
  • CEDX will offer first class levels of efficiencies to options participants from a trading and clearing perspective, including margin efficiencies and domestic stock settlement on options exercise, to help grow options markets in Europe."
  • CEDX launched in September 2021, initially offering trading in futures and options based on key Cboe Europe single country and pan-European indices, with clearing provided by Cboe Clear Europe.

BJ McAndrews Joins Academy Securities as Managing Director, Head of Securitized Product Sales

Retrieved on: 
Tuesday, October 17, 2023

Academy Securities, a registered broker-dealer, certified Disabled Veteran Business Enterprise (DVBE), and Minority Business Enterprise (MBE), today announced the addition of BJ McAndrews as Managing Director, Head of Securitized Product Sales.

Key Points: 
  • Academy Securities, a registered broker-dealer, certified Disabled Veteran Business Enterprise (DVBE), and Minority Business Enterprise (MBE), today announced the addition of BJ McAndrews as Managing Director, Head of Securitized Product Sales.
  • Mr. McAndrews spent 18 years at Wells Fargo Securities building their Structured Products Sales and Trading business.
  • He was Head of the Structured Products Sales Team while remaining a top salesperson covering many of Wells Fargo’s top trading and banking clients.
  • “We are pleased to welcome BJ McAndrews to the team,” stated Academy’s Chairman and CEO Chance Mims.

FinanceHQ Launches Out of Stealth Mode to Help Match Individuals with Financial Advisors, Names Alex Choi CEO

Retrieved on: 
Tuesday, October 17, 2023

FinanceHQ , a platform that connects individuals with trusted financial advisors and resources, has launched out of stealth mode and named Alex Choi as CEO.

Key Points: 
  • FinanceHQ , a platform that connects individuals with trusted financial advisors and resources, has launched out of stealth mode and named Alex Choi as CEO.
  • FinanceHQ was founded to help individuals plan a better financial future.
  • “Financial advisors provide critical guidance to help navigate life's financial milestones.
  • After a rigorous vetting process, FinanceHQ onboards qualified financial advisors and matches them with individuals seeking advice.

Temenos Leads Evolution in Correspondent Banking as Banks Seek to Modernize Cross-Border Payments in the Cloud

Retrieved on: 
Wednesday, October 11, 2023

Temenos Correspondent Banking solution includes pre-configured banking capabilities for nostro and vostro account servicing, cash management, cross border payments, treasury, liquidity management, customer onboarding and financial crime mitigation.

Key Points: 
  • Temenos Correspondent Banking solution includes pre-configured banking capabilities for nostro and vostro account servicing, cash management, cross border payments, treasury, liquidity management, customer onboarding and financial crime mitigation.
  • It can be taken as a SaaS service or deployed on the cloud, supporting 24 x 7 payments processing.
  • While retail banks are leveraging cloud technologies to help them transform, the cross-border market has been lagging by comparison.
  • As SaaS, the Correspondent Banking solution gives banks a low-risk modernization path to elevate their correspondent banking capabilities helping them maintain and grow their cross-border payments business sustainably.

BancTrust & Co. Investment Bank Announces Multiple New Hires to Bolster London Global Markets Team

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.

Key Points: 
  • LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.
  • George Niedringhaus - Global Head of Syndicate, Grigoriy Kozin - Head of Business Development  Prime Services, and John Bloomer - Executive Director, recently joined the trading floor to focus on Global Emerging Markets.
  • He has extensive experience in prime brokerage, custody and electronic execution business in multiple asset classes including equities, listed derivatives, and FX.
  • His most recent position held was at British Arab Commercial Bank, trading FI credit portfolio's EM & IG, money markets, FX, and derivatives.

BancTrust & Co. Investment Bank Announces Multiple New Hires to Bolster London Global Markets Team

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.

Key Points: 
  • LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.
  • George Niedringhaus - Global Head of Syndicate, Grigoriy Kozin - Head of Business Development  Prime Services, and John Bloomer - Executive Director, recently joined the trading floor to focus on Global Emerging Markets.
  • He has extensive experience in prime brokerage, custody and electronic execution business in multiple asset classes including equities, listed derivatives, and FX.
  • His most recent position held was at British Arab Commercial Bank, trading FI credit portfolio's EM & IG, money markets, FX, and derivatives.

ABN AMRO and Motive Partners form strategic partnership

Retrieved on: 
Wednesday, October 4, 2023

Motive Ventures, the early-stage venture arm of Motive Partners, will manage the ABN AMRO Ventures Fund (AAV), consisting of 15 early-stage companies.

Key Points: 
  • Motive Ventures, the early-stage venture arm of Motive Partners, will manage the ABN AMRO Ventures Fund (AAV), consisting of 15 early-stage companies.
  • To ensure seamless continuity of AAV's operations and to strengthen the capabilities at Motive Ventures, Hugo Bongers, Managing Director and Head of ABN AMRO Ventures, and Tim Wanders, Executive Director at ABN AMRO, are joining Motive Ventures as Partner and Principal, respectively.
  • Edwin van Bommel, Chief Strategy & Innovation Officer at ABN AMRO commented: “Our collaboration with Motive Ventures is a major milestone for ABN AMRO.
  • Ramin Niroumand, Partner at Motive Partners and Head of Motive Ventures commented: "ABN AMRO has long been a leader among financial institutions in European fintech investing.

RQD Clearing Announces Series A Funding Led by Nyca Partners and ABN AMRO Clearing

Retrieved on: 
Tuesday, October 3, 2023

RQD* Clearing, LLC (RQD), a leading provider of correspondent clearing services, is pleased to announce its Series A financing round, led by Nyca Partners and ABN AMRO Clearing Investments B.V.

Key Points: 
  • RQD* Clearing, LLC (RQD), a leading provider of correspondent clearing services, is pleased to announce its Series A financing round, led by Nyca Partners and ABN AMRO Clearing Investments B.V.
  • This strategic investment will allow RQD to more rapidly expand its service offering, global reach, and onboard larger, more demanding clients.
  • Hans Morris, Managing Partner of Nyca Partners said, “RQD’s achievements in such a short period of time are very impressive.
  • RQD is complementary to our own platforms.”
    Michael Sanocki, CEO of RQD, stated, "We are thrilled to partner with Nyca Partners and ABN AMRO Clearing.

PTI Secures €1.2 Billion Multi-Jurisdiction Transaction

Retrieved on: 
Thursday, September 28, 2023

"The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.

Key Points: 
  • "The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.
  • We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers", said Dagan Kasavana, Chief Executive Officer of PTI.
  • "By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth.
  • We are pleased to partner with such a strong lender group in this landmark transaction", said Michael Bremer, Chief Financial Officer of PTI.