Money markets

SEC Requests Comment on Potential Money Market Fund Reform Options Highlighted in President's Working Group Report

Retrieved on: 
Thursday, February 4, 2021

The report also discusses prior money market fund reforms, the evolution of different types of money market funds since the 2008 financial crisis, and events in certain short-term funding markets in March 2020.

Key Points: 
  • The report also discusses prior money market fund reforms, the evolution of different types of money market funds since the 2008 financial crisis, and events in certain short-term funding markets in March 2020.
  • The SEC is requesting public comment on the report, including the effectiveness of the previously-enacted money market fund reforms and of implementing the potential policy measures described in the report.
  • Commenters also are invited to discuss other topics that are relevant to potential money market fund reforms, including other approaches to reform.
  • The public comment period will remain open for 60 days following publication of the comment request in the Federal Register.

ICD Portal Named Best Investment Management Solution

Retrieved on: 
Wednesday, February 3, 2021

SAN FRANCISCO, Feb. 3, 2021 /PRNewswire/ --The treasury industry has recognized ICD's independent portal for money market funds and other short-term investments as the Best Investment Management Solution in this year's Global Finance awards for Best Treasury and Cash Management Banks and Providers.

Key Points: 
  • SAN FRANCISCO, Feb. 3, 2021 /PRNewswire/ --The treasury industry has recognized ICD's independent portal for money market funds and other short-term investments as the Best Investment Management Solution in this year's Global Finance awards for Best Treasury and Cash Management Banks and Providers.
  • "We're thrilled to be recognized by the broad community of participants in the treasury industry," says ICD Chief Executive Officer Tory Hazard.
  • ICD is treasury's trusted, independent portal provider of money market funds and other short-term investments.
  • We provide intuitive technology and unbiased access to over 300 investment products through ICD Portal, a model in the industry for trading, reporting and analysis.

Near-Zero Interest Rates Have Some Treasury Teams Investing in Alternative Short-Term Instruments, Says ICD

Retrieved on: 
Wednesday, December 30, 2020

In a recent ICD webinar, "Short Term Investment Options in a Low-Rate Environment," 71% of treasury professionals polled said they are planning on investing in or are currently investing in new money market instruments.

Key Points: 
  • In a recent ICD webinar, "Short Term Investment Options in a Low-Rate Environment," 71% of treasury professionals polled said they are planning on investing in or are currently investing in new money market instruments.
  • "In the current environment, it's not surprising that liquidity remains a top priority for treasury organizations.
  • Meeting the demand for alternative investments, ICD has worked with its fund partners to add new products to its ICD Portal, a one-to-many model for treasury organizations to independently research, trade, analyze and report on money market funds and short-term instruments, all in one place.
  • During the webinar, Ramos provided an overview of the investment options available on ICD Portal, including:

Aerojet Rocketdyne Holdings, Inc. Board of Directors Approves New $100 Million Share Repurchase Program

Retrieved on: 
Friday, March 13, 2020

Management has discretion as to whether any repurchase may be under the share repurchase program.

Key Points: 
  • Management has discretion as to whether any repurchase may be under the share repurchase program.
  • The timing of any share repurchases will be based on available liquidity, cash flows and general market conditions.
  • The repurchase program may be executed through various methods, including open market purchases or privately negotiated transactions.
  • This release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995.

Corporate Assets in Money Market Funds Grew 38% Y/Y in 2019 on ICD Portal

Retrieved on: 
Thursday, March 5, 2020

SAN FRANCISCO, March 5, 2020 /PRNewswire/ -- ICD, corporate treasury's trusted independent portal provider of money market funds and other short-term investments , closed 2019 with its strongest quarter ever, ending the year with 24% revenue growth.

Key Points: 
  • SAN FRANCISCO, March 5, 2020 /PRNewswire/ -- ICD, corporate treasury's trusted independent portal provider of money market funds and other short-term investments , closed 2019 with its strongest quarter ever, ending the year with 24% revenue growth.
  • The Q4 average daily balance of corporate treasury investments on ICD Portal grew 38% year-over-year, outpacing the market's 21% increase in institutional money market fund usetracked by the Investment Company Institute (ICI).
  • ICD provides access to over 300 money market funds from more than 30 fund companies.
  • ICD Portal is the leading independent solution for trading, reporting and analytics of institutional money market funds and other short-term investments.

Access-Power, Inc. announces it is in the final stages of receiving $50,000.00 in funds for its working capital account

Retrieved on: 
Friday, November 8, 2019

The funds will be received as a personal donation by its Director and CEO, Patrick J. Jensen very soon.

Key Points: 
  • The funds will be received as a personal donation by its Director and CEO, Patrick J. Jensen very soon.
  • ACCR intends to use the funds to establish a working capital fund, repurchase of treasury shares in the open market over time, and to implement its new business plan.
  • Patrick J. Jensen commented, We are extremely fortunate as a Company to have received a commitment to fund our Working Capital account.
  • In addition to funds for working capital, the Company also expects to repurchase its common shares in the open market over time.