CBOE

ArcStone Securities and Investments Corp. Announces Strategic Collaboration with Kingswood US to Deliver Expanded Capital Markets Advisory Services Establishing a Presence in the Canadian Capital Markets

Retrieved on: 
Wednesday, March 13, 2024

This collaboration will enable clients to benefit from an expanded suite of services designed to drive value creation and advance their strategic objectives.

Key Points: 
  • This collaboration will enable clients to benefit from an expanded suite of services designed to drive value creation and advance their strategic objectives.
  • Collectively, ArcStone and Kingswood bring together a seasoned team in Canada and the US with a shared commitment to integrity and client success.
  • This marks a significant milestone for ArcStone and Kingswood in its unwavering commitment to providing comprehensive capital market solutions and strategic advisory services across a north-south nexus.
  • Pre-Initial Public Offering (Pre-IPO) Strategy: Initial Public Offering (IPO) Execution, Debt Capital Markets Access, Private Placements, and Private Capital Advisory.

Global Tech Industries Group, Inc. welcomes Mr. Luke Rahbari as the Company’s new Chief Operating Officer

Retrieved on: 
Tuesday, April 9, 2024

Mr. Rahbari began his capital markets career in 1993 as a derivatives trader and equity options specialist on the CBOE.

Key Points: 
  • Mr. Rahbari began his capital markets career in 1993 as a derivatives trader and equity options specialist on the CBOE.
  • In 2002, Mr. Rahbari was part of the management team involved in the sale of the firm to TD Bank.
  • Mr. Rahbari then ran derivatives books in New York, London, and Chicago for the bank.
  • Mr. Rahbari has extensive experience in the trading and capital markets and has been active in several private, non-public firms as well.

Abaxx Announces Closing of C$18,687,500 Bought Deal Financing Including Full Exercise of Over-Allotment Option

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”).

Key Points: 
  • TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”).
  • The Company issued a total of 1,437,500 common shares (the “Common Shares”) on a bought deal basis at an offering price of C$13.00 per Common Share (the “Offering Price”), which includes 187,500 Common Shares issued pursuant to the exercise of an over-allotment option, in full, for gross proceeds of C$18,687,500.
  • The Offering was co-led by Canaccord Genuity Corp. and BMO Capital Markets, together with Cantor Fitzgerald Canada Corporation (collectively the “Underwriters”).
  • This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

Vocodia Launches Pilot Program with Major Utility Provider

Retrieved on: 
Thursday, March 28, 2024

CHICAGO, March 28, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that it has signed an agreement with a large utility services company to launch a pilot program for third party verification to switch energy providers.

Key Points: 
  • CHICAGO, March 28, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that it has signed an agreement with a large utility services company to launch a pilot program for third party verification to switch energy providers.
  • Brian Podolak, Founder and CEO of Vocodia, commented, “Third party verification requirements are expensive to fulfill and ripe for disruption from Vocodia’s practical AI functions.
  • This pilot is with an energy provider that has over 1 million customer connections, and others in the industry are watching closely.
  • We’re confident that our proprietary solution will exceed expectations and reduce costs for our potential customers in this large vertical.”

CORRECTION - Vocodia Announces Founder and Management Team Investments in Company IPO

Retrieved on: 
Wednesday, March 27, 2024

CHICAGO, March 27, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that the Company’s senior management team invested in Vocodia’s Initial Public Offering (“IPO”) that was completed on February 26, 2024.

Key Points: 
  • The corrected release follows:
    CHICAGO, March 27, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that the Company’s senior management team invested in Vocodia’s Initial Public Offering (“IPO”) that was completed on February 26, 2024.
  • Brian Podolak, Co-Founder, Chief Executive Officer and Director of Vocodia, invested $400,000 through the purchase of 94,117 units of the IPO.
  • James Sposato, Co-Founder, Chief Technology Officer and Director, and Scott Silverman, Chief Financial Officer, also participated in the IPO.
  • Following the IPO, Mr. Podolak and Mr. Sposato each hold approximately 1.1 million shares of Vocodia's common stock and Mr. Silverman holds approximately 131,000 shares.

Vocodia Holdings’ AI Technology Featured in USA Today

Retrieved on: 
Wednesday, March 27, 2024

CHICAGO, March 27, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, has been recognized in a USA Today article for its innovative solutions that aim to enhance the customer service experience by eliminating call center hold times.

Key Points: 
  • CHICAGO, March 27, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, has been recognized in a USA Today article for its innovative solutions that aim to enhance the customer service experience by eliminating call center hold times.
  • In discussing the impact of the Company's technology, Vocodia CEO Brian Podolak emphasized its dedication to improving customer interactions, utilizing the technology to enhance customer service, and increasing revenues for clients across some of the largest industries in the world.
  • These examples demonstrate Vocodia's technology's capacity to scale customer service operations without the need for costly temporary increases in staffing.
  • Vocodia recently completed a successful IPO and is working closely with the auto industry to provide humanized, around-the-clock support in over 50 languages.

Vocodia Announces Founder and Management Team Investments in Company IPO

Retrieved on: 
Tuesday, March 26, 2024

CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that the Company’s senior management team invested in Vocodia’s Initial Public Offering (“IPO”) that was completed on February 22, 2024.

Key Points: 
  • CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the "Company"), an AI software company that builds practical AI functions, today announced that the Company’s senior management team invested in Vocodia’s Initial Public Offering (“IPO”) that was completed on February 22, 2024.
  • Brian Podolak, Co-Founder, Chief Executive Officer and Director of Vocodia, invested $400,000 through the purchase of 94,117 units of the IPO.
  • James Sposato, Co-Founder, Chief Technology Officer and Director, and Scott Silverman, Chief Financial Officer, also participated in the IPO.
  • Following the IPO, Mr. Podolak and Mr. Sposato each hold approximately 1.1 million shares of Vocodia's common stock and Mr. Silverman holds approximately 131,000 shares.

Schwab Trading Activity Index™: Score Ascends to Moderate Levels in March

Retrieved on: 
Monday, April 8, 2024

The Schwab Trading Activity Index™ (STAX) increased to 51.65 in March, up from its score of 47.65 in February.

Key Points: 
  • The Schwab Trading Activity Index™ (STAX) increased to 51.65 in March, up from its score of 47.65 in February.
  • View the full release here: https://www.businesswire.com/news/home/20240408112995/en/
    Schwab Trading Activity Index March 2024 (Graphic: Charles Schwab)
    The reading for the four-week period ending March 28, 2024 ranks “moderate” compared to historic averages and marks the highest reading since May 2022.
  • “In the face of undeniably mixed macroeconomic data, the markets soared this month, and the STAX score continued its rise in step,” said Joe Mazzola, Director of Trading and Education at Charles Schwab.
  • “Despite the market highs, however, Schwab clients remain in the moderate range of market exposure as measured by the STAX.

PT Asset Management Launches Actively Managed Short-Term Bond ETF (Ticker: STBF)

Retrieved on: 
Tuesday, April 9, 2024

CHICAGO, April 9, 2024 /PRNewswire/ -- PT Asset Management, LLC (PTAM), a boutique fixed income asset manager with $7.7 billion in assets under management, proudly debuts its inaugural exchange traded fund (ETF), the Performance Trust Short Term Bond ETF (Ticker: STBF), which began trading on the CBOE today. With over fifteen years of experience managing fixed income strategies, PTAM is confidently entering the ETF arena, aiming to offer investors a diversified, actively managed short-term bond strategy tailored to thrive in diverse market conditions.

Key Points: 
  • With over fifteen years of experience managing fixed income strategies, PTAM is confidently entering the ETF arena, aiming to offer investors a diversified, actively managed short-term bond strategy tailored to thrive in diverse market conditions.
  • Shape Management is a disciplined and repeatable mathematical approach aimed at analyzing the risk-return profile of a bond's future cash flows.
  • "We're thrilled to offer access to our proprietary methodology, Shape Management, now available in an investor preferred, tax-efficient ETF wrapper."
  • For more information about STBF and PT Asset Management, visit PTAM.com

DeFi Technologies Inc. Subsidiary, Valour Inc., Launches Trading Desk in UAE to Expand ETP Listings and Presence in the Middle East

Retrieved on: 
Monday, April 8, 2024

New Trading Desk in UAE: DeFi Technologies Inc.'s subsidiary, Valour Inc., has opened a new trading desk in the United Arab Emirates, marking the initial step in its strategy to make ETPs globally accessible and expand its presence in the Middle East.

Key Points: 
  • New Trading Desk in UAE: DeFi Technologies Inc.'s subsidiary, Valour Inc., has opened a new trading desk in the United Arab Emirates, marking the initial step in its strategy to make ETPs globally accessible and expand its presence in the Middle East.
  • This expansion into the Middle East is a key element of Valour's strategy to increase its product offerings and global footprint.
  • Olivier Roussy Newton, CEO of DeFi Technologies, comments on the expansion: "The launch of our trading desk in the UAE signifies a pivotal moment for both Valour and DeFi Technologies as we expand our global outreach.
  • The establishment of a trading desk in the UAE represents the first phase of Valour's plans for geographical expansion.