Instinet, LLC announced today that it is continuing to strategically grow its U.S. Equity
Research and U.S. Equity Research Sales offering with three senior hires. Mike Wood joins as a senior equity research
analyst covering the Building Products sector. David Gingeleskie and Eric Goldstein have joined as senior equity research
salespeople.
Following the positive results achieved in 2016, Solactive AG is pleased to announce the appointment of Fabian Colin as the new Head of Sales starting in January 2017. Fabian will be in charge of institutional sales and will support Solactive's expansion into new regions and target groups.
The latest Quarterly Deal Performance Monitor (QDPM) from Willis Towers Watson suggests a significant slowing of deal volumes in the fourth quarter of the year, however, those that did close were high performing and showed an outperformance of 0.4pp over the index*. On an YTD basis, acquirers have outperformed the index by 5.4pp.
Axioma reported the completion of its previously announced acquisition of the risk-reporting unit of ConceptONE, a global provider of back-office investment services. The transaction follows Axioma's acquisition of ConceptONE's regulatory-reporting unit in March. Terms were not disclosed.
Euronext today announced it has completed the acquisition of a 20% equity stake in EuroCCP, for an amount of €13.4m, after having received regulatory approvals. This follows the announcement of August 17th on the signing of a definitive agreement with the existing shareholders of EuroCCP.