A bid from Hong Kong Exchanges and Clearing Ltd. (HKEX) to take over the London Stock Exchange Group plc (LSEG) has been rejected by the LSEG board. On September 11, HKEX went public with its $39 billion takeover bid, arguing that a combination with LSEG would be “a highly compelling strategic opportunity to create a global market… Read More >>
Harnessing Alternative Data Will Decide Firms’ Futures: Report
The financial services industry is overflowing with streams of data to comply with the glut of post-financial crisis regulations. However, sell and buy-side firms are increasingly looking to harness this information to formulate trading and investment ideas, according to a new report from consultancy Opimas. The study estimates that investments in the race to master… Read More >>
