Posts Tagged ‘ipo’

High Frequency Traders Are More Profitable for Select Firms, Study Shows

by Christopher Lemieuxon May 13, 2014 7:09 am GMT
According to ex-Commodity Futures Trading Commission (CFTC) chief economist Andrei Kirilenko, high frequency trading (HFT) firms are dominating the markets, but there are only a select number of firms that are consistently profitable. These HFT firms account for nearly half of all trading volume in many markets, most notably the forex markets of late. Kirilenko led […]

UPDATE 1-Brazil’s Gol separates loyalty program before IPO decision

by on November 14, 2012 3:33 pm GMT
Wed Nov 14, 2012 10:33am EST * Brazil airline creates separate structure for Smiles unit * Decision on potential Smiles IPO slated for April or May* Operating loss widened in third quarter from year agoBy Brad Haynes and Asher LevineSAO PAULO, Nov 14 (Reuters) - Brazilian airline Gol Linhas Aereas will structure its Smiles

Seadrill arm files $225m US IPO

by on September 21, 2012 6:45 pm GMT
The offering is being underwritten by Citigroup, the London-based company said in a filing with the US Securities and Exchange Commission, Reuters reported.Seadrill Partners, recently formed by Bermuda-based oilfield services company Seadrill, counts Chevron, BP and ExxonMobil among its customers.The company plans to use the proceeds

Barra Energia may issue new debt

by on September 18, 2012 3:10 pm GMT
"However, we don't yet know how much or when" the company will raise capital, Bertani told Dow Jones on the sidelines of the Rio Oil and Gas congress in Rio de Janeiro on Monday.The company is unlikely to launch an IPO due to the "currently unpromising" state of the