StoneX Group Inc.

Abaxx Prepares Exchange Opening Sequence and Final Notices

Retrieved on:

Monday, March 11, 2024

Marex, Exchange, NEO, KGI, Nickel, Podcast, Capital punishment, Index, Dislocation, Nature, Product pipeline, USG, Independent software vendor, Metal, General practice, StoneX Group Inc., ARA, Sulfation, Natural gas

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, announces the initiation of the final exchange trading launch sequence for Abaxx Exchange and Clearinghouse to open the market in each of its commodity futures contracts.

Key Points:

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, announces the initiation of the final exchange trading launch sequence for Abaxx Exchange and Clearinghouse to open the market in each of its commodity futures contracts.
Abaxx Exchange and Abaxx Clearing will request approval from their respective Boards of Directors to provide final notices to open Abaxx markets pending the near-term finalization of a third clearing member application approval.
Pending final notices, Abaxx Exchange and Abaxx Clearing will open with three approved clearing members, while additional clearing firms onboard through these clearing members or via applications as direct members of Abaxx Clearing.
Barring any unanticipated regulatory concerns in the final notice period, Abaxx Exchange and Abaxx Clearing will be operational and markets open.

Fannie Mae Prices $751 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on:

Thursday, March 7, 2024

Fannie Mae, News, Cantor, Disclosure, Wells Fargo, Morgan Stanley, CAS, StoneX Group Inc., BofA Securities, Bank of America, Minority, Citigroup, Bank

StoneX Financial Inc. ("StoneX") is the co-lead manager and joint bookrunner.

Key Points:

StoneX Financial Inc. ("StoneX") is the co-lead manager and joint bookrunner.
Co-managers are BofA Securities, Inc. ("BofA"), Cantor Fitzgerald & Co. ("Cantor"), Citigroup Global Markets Inc. ("Citigroup"), and Morgan Stanley & Co, LLC ("Morgan Stanley").
To promote transparency and to help credit investors evaluate our securities and the CAS program, Fannie Mae provides ongoing, robust disclosure data, as well as access to news, resources, and analytics through its credit risk transfer webpages .
In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Redpanda Skyrockets in FY24: 300% Revenue Growth, 179% Customer Growth and Industry-first Streaming Data Advancements

Retrieved on:

Tuesday, February 6, 2024

Redpanda , the streaming data pioneer, today announced record results for its 2024 fiscal year.

Key Points:

Redpanda , the streaming data pioneer, today announced record results for its 2024 fiscal year.
Redpanda Cloud BYOC deployments more than tripled during the year.
"We are now scaling up new use cases on our event streaming architecture without worrying about spiraling infrastructure costs.
“The hero of the Redpanda story has always been the builder, hacker and the doer, hands on keyboard, building the future,” said Alex Gallego, founder and CEO of Redpanda.

StoneX Becomes Abaxx Exchange’s First Clearing and Trading Member to Expand Market Offering

Retrieved on:

Tuesday, January 30, 2024

StoneX Group Inc., Money, Risk management, NEO, Carbon, FCM

SINGAPORE, Jan. 30, 2024 (GLOBE NEWSWIRE) -- StoneX Financial Pte Ltd (“StoneX”), a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), and Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx”), today announced that StoneX has become the first approved clearing and trading member of Abaxx’s indirectly held, majority-owned Singapore-based exchange (“Abaxx Exchange”) and clearinghouse (“Abaxx Clearing”), introducing centrally cleared, physically-deliverable futures contracts, and licensed as a Recognised Market Operator (“RMO”) and Approved Clearing House (“ACH”) with the Monetary Authority of Singapore (“MAS”).

Key Points:

SINGAPORE, Jan. 30, 2024 (GLOBE NEWSWIRE) -- StoneX Financial Pte Ltd (“StoneX”), a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), and Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx”), today announced that StoneX has become the first approved clearing and trading member of Abaxx’s indirectly held, majority-owned Singapore-based exchange (“Abaxx Exchange”) and clearinghouse (“Abaxx Clearing”), introducing centrally cleared, physically-deliverable futures contracts, and licensed as a Recognised Market Operator (“RMO”) and Approved Clearing House (“ACH”) with the Monetary Authority of Singapore (“MAS”).
This will enable StoneX clients to be the first market participants to benefit from Abaxx’s market price discovery and enhanced risk management tools for energy transition-related commodities.
Nancy Seah, CEO, Abaxx Exchange said: “The Abaxx team is thrilled to have StoneX lead the way as the first clearing member of Abaxx Exchange and Abaxx Clearing.
Having a world class firm like StoneX as our first clearing member reaffirms the Abaxx mission of bringing smarter markets to our collective customers.”

Fannie Mae Prices $819 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on:

Thursday, January 25, 2024

StoneX Group Inc., CAS, Cantor, Fannie Mae, Nomura, Morgan Stanley, Bank of America, Minority, Disclosure, Wells Fargo, Nomura Securities, News, Bank

Cantor Fitzgerald & Co. ("Cantor") is the co-lead manager and joint bookrunner.

Key Points:

Cantor Fitzgerald & Co. ("Cantor") is the co-lead manager and joint bookrunner.
Co-managers are Morgan Stanley & Co, LLC ("Morgan Stanley"), Nomura Securities International Inc. ("Nomura"), StoneX Financial Inc. ("StoneX"), and Wells Fargo Securities, LLC ("Wells Fargo").
To promote transparency and to help credit investors evaluate our securities and the CAS program, Fannie Mae provides ongoing, robust disclosure data, as well as access to news, resources, and analytics through its credit risk transfer webpages .
In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Capitalise.ai Establishes Collaboration with Microsoft to Change the Way People Interact with Financial Data

Retrieved on:

Tuesday, January 16, 2024

Cloud, Lead, Environment, Microsoft, TEL, Organization, Automation, Financial services, StoneX Group Inc., Interactive Brokers, Asset management

This collaboration marks a significant step forward in enhancing the capabilities available to traders, investors, and financial entities.

Key Points:

This collaboration marks a significant step forward in enhancing the capabilities available to traders, investors, and financial entities.
Capitalise.ai has accordingly developed a pioneering solution that fundamentally transforms how traders interact with real-time financial data.
Ohad Metz, SMC Lead, Microsoft, observes, "The newly launched collaboration with Capitalise.ai represents a great addition to Microsoft Cloud for Financial Services.
By integrating Capitalise.ai's text-based analysis services into the Microsoft Cloud, we are set to offer data interaction services to financial market participants.

StoneX Announces Adoption of Swift’s Payment Pre-validation Service

Retrieved on:

Friday, December 22, 2023

Payment, Friction, Organization, StoneX Group Inc., BIC, API, Cryptocurrency

The cost to repair a failed payment is estimated to be between €50-100 per payment, and in some cases much higher.

Key Points:

The cost to repair a failed payment is estimated to be between €50-100 per payment, and in some cases much higher.
To counter these challenges, Swift recently introduced its Payment Pre-validation service, which allows for the verification of beneficiary account details before initiating international payments.
StoneX Payments facilitates foreign exchange payment transactions in more than 140 currencies and spanning over 180 countries.
If you’d like to learn more about how StoneX can help you streamline and expedite cross-border transactions, email Ed Phelps, Head of Sales Strategy, StoneX Technology Services ( [email protected] ).

Novo Integrated Sciences Reports 2023 Fiscal Year Financial Results

Retrieved on:

Thursday, December 14, 2023

Alternative Medicine, Health, Telemedicine, Virtual Medicine, Other Health, Managed Care, Biotechnology, Sale, Iodine, Collection, Gemological Institute of America, StoneX Group Inc., District court, Purchasing, Security (finance), Cryptocurrency, Novo

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints providing services and product innovation, today reported its financial results for the fiscal year ended August 31, 2023.

Key Points:

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints providing services and product innovation, today reported its financial results for the fiscal year ended August 31, 2023.
Robert Mattacchione, the Company’s CEO and Board Chairman, stated, “The 2023 fiscal year emphasized maximizing efficiencies pointed toward future cost savings and margin stability.
Revenues for the year ended August 31, 2023 were $12,572,019, representing an increase of $834,082, or 7%, from $11,737,937 for the same period in 2022.
Net loss attributed to Novo Integrated Sciences for the year ended August 31, 2023 was $13,214,552, representing a decrease of $19,634,663, or 60%, from $32,849,215 for the same period in 2022.

American Battery Technology Company Invited to Present at Expert Battery Metals and Recycling Industry Conferences

Retrieved on:

Monday, December 4, 2023

RENO, Nev., Dec. 4, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, is pleased to welcome Anthony Young as its director of investor relations.

Key Points:

This team transitioned to Dahlman Rose & Co. where he was the analyst responsible for small cap metals and mining companies.
For those interested in arranging a one-on-one meeting with American Battery Technology Company or attending the panel presentation, please contact your Wolfe Research representative.
For those interested in arranging a one-on-one meeting with American Battery Technology Company or attending the panel presentation, please contact your Janney Montgomery representative.
For those interested in arranging a one-on-one meeting with American Battery Technology Company management, please contact your StoneX Financial Ltd. representative.

Fannie Mae Prices $609 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on:

Friday, November 17, 2023

Disclosure, Minority, Wells Fargo, Bank of America, BMO Capital Markets, CAS, Morgan Stanley, Fannie Mae, Capital market, BofA Securities, StoneX Group Inc., Cantor, News, Bank

Wells Fargo Securities, LLC ("Wells Fargo") is the co-lead manager and joint bookrunner.

Key Points:

Wells Fargo Securities, LLC ("Wells Fargo") is the co-lead manager and joint bookrunner.
Co-managers are BofA Securities, Inc. ("BofA"), BMO Capital Markets Corp. ("BMO Capital Markets"), Cantor Fitzgerald & Co. ("Cantor"), and StoneX Financial Inc. ("StoneX").
"We appreciate the continued engagement from our deep investor base despite market volatility throughout the year," said Devang Doshi, Fannie Mae Senior Vice President, Capital Markets.
In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.