STX Group

Nymbus | March 31, 2020

Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to...

Investment Management

Jefferies | July 19, 2021

Jefferies Financial Group, Inc., the parent company of Jefferies Group LLC (“Jefferies Group”) (collectively referred to as “Jefferies”), and Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities Inc. (collectively referred to as “SMBC Group”) announced today a Strategic Alliance to collaborate on future corpora. Jefferies and SMBC Group will collaborate on highly accretive growth areas in corporat...

Torstone Technology | July 10, 2020

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced that its SaaS platform has been recognised as the Best Back-Office Platform in the WatersTechnology Asia Awards 2020. The annual WatersTechnology Asia Awards recognise excellence in the deployment and management of financial information and technology within Asia’s capital markets community. The final list of awards winners is determined by an experienced and independent panel of ju...

Nasdaq | February 05, 2020

Nasdaq Inc (NDAQ.O) asked regulators on Wednesday to allow issuers of thinly-traded stocks listed on its exchange to trade almost exclusively on Nasdaq, as part of a broader plan to boost trading in small- and mid-sized companies. There are 13 U.S. stock exchanges, with at least two more preparing to launch, and a company’s shares can be traded on any of them, regardless of whether they are listed on the Intercontinental Exchange Inc’s (ICE.N) New York Stock Exchange, or Nasdaq. The ...