OFI

Madison Liquidators unveils innovative plexiglass mounting brackets for enhanced workspace safety

Retrieved on: 
Tuesday, November 21, 2023

MADISON, Wis., Nov. 21, 2023 /PRNewswire/ -- New Plexiglass and acrylic mounting brackets by Office Furniture, Inc. (OFI) have been added to Madisonliquidators.com.

Key Points: 
  • MADISON, Wis., Nov. 21, 2023 /PRNewswire/ -- New Plexiglass and acrylic mounting brackets by Office Furniture, Inc. (OFI) have been added to Madisonliquidators.com.
  • Designed out of necessity at the onset of the global pandemic in 2020, these brackets make mounting acrylic or plexiglass around the office a simple safety measure.
  • For offices that have reception or client-receiving areas such as a waiting room, OFI plexiglass mounting systems provide a versatile mounting array for any situation.
  • With any new product line, Madison Liquidators hopes that the simplest and easiest-to-install option will suit companies the best.

FINRA Promotes Jonathan Sokobin to Executive Vice President and Head of the New Office of Regulatory Economics and Market Analysis

Retrieved on: 
Thursday, December 1, 2022

The Office works closely with the Office of General Counsel and other departments in assessing the economic implications of FINRAs policies and programs.

Key Points: 
  • The Office works closely with the Office of General Counsel and other departments in assessing the economic implications of FINRAs policies and programs.
  • OCE also works collaboratively with FINRAs Regulatory Operations team to provide data, statistical and economic analyses to identify and measure regulatory risks and investor harm.
  • OCE regularly publishes its research, including the Industry Snapshot , which provides a high-level overview of the industry informed by regulatory data collected by FINRA.
  • I am excited to lead the Office of Regulatory Economics and Market Analysis and our team of talented professionals, said Sokobin.

Financial stability risks from energy derivatives markets

Retrieved on: 
Saturday, November 26, 2022

= Financial stability risks from energy derivatives markets =

Key Points: 
  • = Financial stability risks from energy derivatives markets =
    Published as part of the Financial Stability Review, November 2022.
  • Energy sector firms use energy derivatives under different strategies, depending on their main area of activity, business model and exposure to risk in physical markets.
  • The significant volatility and a surge in prices seen in energy markets since March 2022 have resulted in large margin calls, generating liquidity risks for derivatives users.
  • European energy prices and stylised representation of players active in the physical energy market

    Sources: Bloomberg Finance L.P. and ECB staff calculations.

  • The extreme price movements over recent months highlight the importance of energy derivatives markets for hedging risks in the energy sector, as well as some of the pressures that can arise in these markets.
  • This special feature provides an overview of the European energy derivatives market, with a focus on natural gas and power.
  • It analyses the impact of extreme energy prices on the structure of energy markets, the liquidity stress faced by entities with the largest exposures to market risk and the risks that their vulnerabilities may pose to their counterparties in derivatives and credit markets.
  • Energy sector companies are key users of energy derivatives, and the number of firms active in the market has increased in 2022.
  • Of the 1,700 firms active in the euro area energy derivatives market between September 2021 and October 2022, a quarter belong to the energy production chain, meaning they are extracting oil and gas or distributing energy.
  • On average, the number of firms active in energy derivatives increased by 30% between January and September 2022.
  • Most positions belong to a few large utilities or energy companies which use derivatives to hedge their operations against market risk.
  • [5] Such a high concentration of positions might raise financial stability concerns, as it increases the risk of disorderly market functioning.
  • [6] In general, energy derivatives require relatively high margining, reflecting the generally large volatility of energy prices.
  • Overview of direct and indirect risks from increased volatility in energy markets and gross exposures in energy derivatives per market segment

    Sources: EMIR data and authors calculations.

  • Commodity swaps traded in OTC markets can partially mitigate energy firms liquidity needs as margins are lower for bilaterally cleared trades.
  • A more significant shift by utilities and energy firms towards the OTC space would imply greater risks for counterparties and the financial system.
  • Some firms trading energy derivatives are relying on bank credit to deal with the consequences of rising energy costs.
  • Overall, this evidence might signal energy firms needs to finance inflated working capital, precautionary inventories and high liquidity demand on energy spot and derivatives markets ( Chart A.7, panel a).
  • A quarter of energy firms deal with the same set of banks for obtaining credit and client-clearing services for derivatives.

Northern Trust Asset Management Names Head of Global Macro for Fixed Income

Retrieved on: 
Tuesday, October 18, 2022

Northern Trust Asset Management (NTAM), a leading global investment management firm with $1 trillion in assets under management as of June 30, 2022, announced today that Antulio Bomfim has been hired as head of Global Macro, a newly created position within its global fixed income group.

Key Points: 
  • Northern Trust Asset Management (NTAM), a leading global investment management firm with $1 trillion in assets under management as of June 30, 2022, announced today that Antulio Bomfim has been hired as head of Global Macro, a newly created position within its global fixed income group.
  • The expansion of NTAMs global fixed income team, responsible for $470 billion in fixed income assets under management, is designed to enhance capabilities as the team serves the evolving needs of fixed income investors worldwide.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC, Northern Trust Asset Management Australia Pty Ltd and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

Reisman Awards Recognize Seven Outstanding Law Firms for Achievements in Business and Community Impact

Retrieved on: 
Monday, October 10, 2022

Best New Law Firm: Rudder Law Best New Law Firm honors a newcomer who has weathered the trials of entrepreneurship and come out on top.

Key Points: 
  • Best New Law Firm: Rudder Law Best New Law Firm honors a newcomer who has weathered the trials of entrepreneurship and come out on top.
  • Community Champion: Creedon Law PLLC Community Champion honors firms that prioritize giving back to their communities, whether it be through pro bono work, donations, volunteering, mentorship, or another altruistic activity.
  • Hand-picked by Reisman's panel of judges, this award celebrates law firms who embody Clio's mission of transforming the practice of law, for good.
  • To learn more about the Reisman Awards or to nominate your firm for the 2023 awards, visit clio.com/the-reismans/ .

Reisman Awards Recognize Seven Outstanding Law Firms for Achievements in Business and Community Impact

Retrieved on: 
Monday, October 10, 2022

Named for Clio's first customer, Catherine Reisman, an entrepreneurial attorney whose feedback helped shape the software, the Reisman Awards celebrate the legal industry's game changers, groundbreakers, and pioneers.

Key Points: 
  • Named for Clio's first customer, Catherine Reisman, an entrepreneurial attorney whose feedback helped shape the software, the Reisman Awards celebrate the legal industry's game changers, groundbreakers, and pioneers.
  • Best New Law Firm: Rudder Law Best New Law Firm honors a newcomer who has weathered the trials of entrepreneurship and come out on top.
  • Hand-picked by Reisman's panel of judges, this award celebrates law firms who embody Clio's mission of transforming the practice of law, for good.
  • To learn more about the Reisman Awards or to nominate your firm for the 2023 awards, visit clio.com/the-reismans/ .

Spices and Seasonings Global Market Report 2022: A $29.85 n Market in 2026 Featuring Major Players - McCormick & Company, Olam International, Ajinomoto Co, Associated British Foods, & Kerry Group - ResearchAndMarkets.com

Retrieved on: 
Friday, October 7, 2022

The main types of spices and seasonings include pepper, capsicum, ginger, cinnamon, cumin, turmeric, nutmeg & mace, cardamom, coriander, cloves, and others.

Key Points: 
  • The main types of spices and seasonings include pepper, capsicum, ginger, cinnamon, cumin, turmeric, nutmeg & mace, cardamom, coriander, cloves, and others.
  • The spices and seasonings market research report is one of a series of new reports that provides spices and seasonings market statistics, including spices and seasonings industry global market size, regional shares, competitors with a spices and seasonings market share, detailed spices and seasonings market segments, market trends and opportunities, and any further data you may need to thrive in the spices and seasonings industry.
  • The regions covered in the spices and seasonings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The countries covered in the spices and seasonings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Harris Williams Advises Denali Ingredients on its Pending Sale to Orkla Food Ingredients, a Subsidiary of Orkla ASA

Retrieved on: 
Monday, October 3, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Denali Ingredients, a privately held, family-owned company, on its pending sale to Orkla Food Ingredients (OFI), a business area of Orkla ASA (Orkla).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Denali Ingredients, a privately held, family-owned company, on its pending sale to Orkla Food Ingredients (OFI), a business area of Orkla ASA (Orkla).
  • Denali Ingredients longstanding partnerships with marquee customers and its highly responsive and innovative R&D team were very attractive to the market.
  • For more information on the Harris Williams Consumer Group and recent transactions, visit the Consumer Groups section of the Harris Williams website.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Braincube Now Available in the Microsoft Azure Marketplace

Retrieved on: 
Thursday, April 21, 2022

With the move to Azure Cloud, the infrastructure is easy to maintain and we can roll out new plants rapidly.

Key Points: 
  • With the move to Azure Cloud, the infrastructure is easy to maintain and we can roll out new plants rapidly.
  • Microsoft Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure.
  • Braincube on Azure is available anywhere, for every company in the world.
  • "The product is mature and Braincube develops new features on a regular basis, said a Braincube automotive customer.