Chicago Mercantile Exchange

The Hunt for the Best in Fintech - Leadership, Innovation, AI Technology Shaping Future Growth

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星期三, 三月 20, 2024

Report Ocean says, "The global Fintech market is on an unparalleled growth trajectory, projected to soar at an impressive CAGR of 25.0% from 2022 to 2028.

Key Points: 
  • Report Ocean says, "The global Fintech market is on an unparalleled growth trajectory, projected to soar at an impressive CAGR of 25.0% from 2022 to 2028.
  • "Escalating investments in technology-driven solutions, including Artificial Intelligence (AI), Machine Learning (ML), cloud computing, and blockchain, are propelling the Fintech sector forward."
  • With strong growth on the horizon for Fintech stocks, the Industry is recognizing excellence and innovation in payments and financial technology to showcase the leaders.
  • For investors, industry recognition is another tool for due diligence, but using the company's technology is the best first hand test for defining the winners of the future.

Tidal and Hashdex Announce Trading of U.S. Spot Bitcoin ETF

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星期二, 三月 26, 2024

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).
  • Tidal ETF Services LLC serves as the Fund’s Administrator and BitGo serves as its Bitcoin Custodian.
  • The completed conversion of the Fund to a spot bitcoin ETF allows investors to gain exposure to spot pricing through an established product.
  • “We chose to partner with Hashdex on the Hashdex Bitcoin ETF because we knew that the firm’s extensive experience in the space would ensure that we custom-built an investor-friendly product that can offer benefits that otherwise may be unavailable when trading bitcoin directly in unregulated markets,” said Mike Venuto, CIO and Co-Founder of Tidal.

Miami International Holdings Announces Troy Kane Joins Executive Management Team as President of MGEX

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星期二, 四月 9, 2024

Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.

Key Points: 
  • Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.
  • "Troy brings a wealth of experience and expertise to his new role as the President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to the MIH executive management team," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH.
  • Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at Chicago Board of Trade.
  • Mr. Kane earned a bachelor's degree in commerce from DePaul University and a master's degree in business administration from Roosevelt University.

Miami International Holdings Announces Troy Kane Joins Executive Management Team as President of MGEX

Retrieved on: 
星期二, 四月 9, 2024

Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.

Key Points: 
  • Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.
  • "Troy brings a wealth of experience and expertise to his new role as the President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to the MIH executive management team," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH.
  • Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at Chicago Board of Trade.
  • Mr. Kane earned a bachelor's degree in commerce from DePaul University and a master's degree in business administration from Roosevelt University.

Lowey Dannenberg, P.C. Announces an Additional Settlement for Those Who Have Transacted in Euroyen-Based Derivatives Between January 1, 2006 through June 30, 2011

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星期四, 三月 21, 2024

The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.

Key Points: 
  • The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.
  • Before any money is paid, the Court will hold a Fairness Hearing to decide whether to approve the Settlement.
  • Contact your brokerage firm to see if you purchased, sold, held, traded, or otherwise had any interest in Euroyen-Based Derivatives.
  • These payments will also be deducted from the Settlement Fund before any distributions are made to the Settlement Class.

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

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星期二, 二月 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
星期二, 二月 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Stoic Equity Partners Team Expands Again, Adds Two New Director Roles

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星期四, 二月 22, 2024

DAPHNE, Ala., Feb. 22, 2024 /PRNewswire/ -- Daphne, Ala. based Stoic Equity Partners is proud to welcome its newest team members, Chris McCoy and Frank Pishler. McCoy recently joined the firm as Director of Project Management & Retail Development and Pishler as Director of Investor Relations.

Key Points: 
  • Stoic Welcomes Director of Investor Relations, Frank Pishler and Director of Project Management & Retail Development, Chris McCoy
    DAPHNE, Ala., Feb. 22, 2024 /PRNewswire/ -- Daphne, Ala. based Stoic Equity Partners is proud to welcome its newest team members, Chris McCoy and Frank Pishler.
  • McCoy recently joined the firm as Director of Project Management & Retail Development and Pishler as Director of Investor Relations.
  • McCoy's role at Stoic Equity Partners includes managing the firm's renovations and ground up retail developments.
  • Pishler's role at Stoic Equity Partners includes providing investors with the intelligence and critical information needed to aid them in placing and managing their capital with us.

Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units

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星期四, 二月 1, 2024

ATHENS, Greece, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Board of Directors has declared a cash distribution of $0.71764025 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from and including November 22, 2023 to and including February 21, 2024 (the “Distribution Period”).

Key Points: 
  • ATHENS, Greece, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Board of Directors has declared a cash distribution of $0.71764025 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from and including November 22, 2023 to and including February 21, 2024 (the “Distribution Period”).
  • The applicable distribution rate for each distribution period is determined every three months by the calculation agent for the Series B Preferred Units.
  • This is the twenty-first sequential cash distribution on the Series B Preferred Units since they began trading on the NYSE.
  • The Partnership has 2,200,000 Series B Preferred Units outstanding as of the date of this press release.

Brunswick Reports More Lithium Intersections on Globex Royalty Property

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星期四, 一月 18, 2024

On January 24, 2023, ( click to access press release ) Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000.

Key Points: 
  • On January 24, 2023, ( click to access press release ) Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000.
  • In addition, upon the 5th anniversary of the agreement or following total expenditures of $4,000,000 whichever comes first, Brunswick will commence to pay Globex an annual $100,000 advance royalty payment.
  • Today, Brunswick announced 10 additional drill holes.
  • Of particular interest are, three drill holes collared at the same location but at successively steeper dip angles.