Abel Noser Finishes Year with an Impressive List of Achievements
Highlights Include New Product Launches, Numerous Industry Partnerships, and a Ramping Up of Trade Surveillance Services
New York, NY, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Abel Noser Holdings, the market leader in institutional trade analytics and agency-only trading solutions, has many notable achievements to look back on this year as 2022 comes to a close.
For instance, the company’s analytics arm, Abel Noser Solutions, began offering a first-of-its-kind global options TCA product that covers all options strategies from covered calls to complex spread strategies. The offering enables clients to quantify the transaction costs of options hedging, income and more speculative strategies while evaluating broker performance metrics and execution quality. There were also many enhancements to the firm’s fixed income TCA product suite.
Subsidiary Zeno AN Solutions launched an ESG-agnostic consensus ratings product for asset owners that provides portfolio-level analysis to help assess, measure and monitor the degree to which manager practices are consistent with client ESG policies. On the broker-dealer side, Abel Noser LLC’s revolutionary START platform, a customizable execution algorithmic solution integrated with industry-leading analytics, was rolled-out as a way for fund managers to proactively meet diversity and inclusion goals through a network of participating MWBE brokers while also mitigating best execution risk in an increasingly challenging trading environment.
Sell-side regulatory services had a busy year including partnering with Capital Market Solutions to offer clients comprehensive FINRA CAT and CAIS solutions before key 2022 deadlines. Additionally, the group developed a set of new regulatory tools to help brokers identify improper or illegal trading activity while also evidencing best execution. Firm clients continue to call for cost-effective auditing and reporting tools, as well as regulatory services to mitigate their ongoing risk of potential fines or damage to their reputations.
2022 was also a busy year for Abel Noser channel partnerships including strategic liaisons with major industry players like JP Morgan’s Neovest. Partnerships with more niche players included working with the Hackett Group for MWBE brokerage programs, and OWL ESG for consensus ESG data that powers the new fund holdings analysis product.
“As for the coming year, Abel Noser expects best execution requirements for brokers and managers to continue to be updated and quantified including calls for more fixed income transparency, pending updates to SEC Rule 605 and various FINRA directives,” remarked Peter Weiler, Co-CEO of Abel Noser Holdings. “We also expect a continued ramping up of electronic and algorithmic trading, plus greater emphasis on trading clarity and oversight from all sectors.”
“We’re proud of the many successes our top-notch team has accomplished this past year,” added Steve Glass, Co-CEO of Abel Noser Holdings. “We again look forward to applying the firm’s resources and leading position as the overall market matures and becomes more data-driven.”
About Abel Noser Holdings
Abel Noser has long been respected as a leader in the campaign to lower the costs associated with trading. Abel Noser Solutions, the company’s analytics subsidiary, is the industry-leading provider of transaction cost analysis with hundreds of global clients subscribing to its multi-asset TCA and compliance products through a network of resellers, distribution partners and strategic alliances. Abel Noser LLC, the company’s registered broker-dealer and a member of FINRA, SIPC and MSRB, provides a wide range of agency-only trading, transition management, and analytics services to institutional asset owners, investment managers and brokers. Learn more at www.abelnoser.com.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Capital Increase in Genmab as a Result of Employee Warrant Exercise5.12.2023 23:26:17 CET | Press release
Company Announcement COPENHAGEN, Denmark; December 5, 2023 – Genmab A/S (Nasdaq: GMAB) will increase its share capital by 7,054 shares as a consequence of the exercise of employee warrants. The increase is effected without any preemption rights for the existing shareholders of the company or others. The shares are subscribed in cash at the following price per share of nominally DKK 1: 1,106 shares at DKK 1,025.00, 3,453 shares at DKK 1,145.00, 300 shares at DKK 1,147.50, 85 shares at DKK 1,161.00, 70 shares at DKK 1,210.00, 20 shares at DKK 1,334.50, 50 shares at DKK1,362.50, 144 shares at DKK 1,402.00, 40 shares at DKK 1,408.00, 294 shares at DKK 1,424.00, and 1,492 shares at DKK 1,615.00. Proceeds to the company are approximately DKK 8.8 million. The increase corresponds to approximately 0.01% of the company's share capital. The new shares are ordinary shares without any special rights and are freely transferable negotiable instruments. The new shares give rights to dividends and oth
ASM announces €300M expansion of U.S. operations in Scottsdale, Arizona5.12.2023 21:45:00 CET | Press release
Scottsdale, Arizona December 5, 2023 The investment will focus on technology development, research, design and engineering capabilities, and pilot manufacturing capacities ASM International N.V. (Euronext Amsterdam: ASM), one of the fastest growing semiconductor equipment companies and global market leader in Atomic Layer Deposition, announced plans for a new North American expansion to accommodate growing demand for research and development in the semiconductor industry. ASM is investing €300 million over a period of up to five years to design and construct the new state-of-the-art site on more than 20 acres (8.5 hectares) in Scottsdale, Arizona. This total investment is a combination of capital expenditures related to infrastructure and lab equipment, and includes operational expenses such as the additional research and engineering jobs created with the expansion. “ASM’s facility in Arizona has always been a key center for development of leading technologies that enabled many breakth
Orkuveita Reykjavíkur | Green Bond Auction December 125.12.2023 18:17:17 CET | Press release
Reykjavík Energy (Orkuveita Reykjavíkur; OR) is holding a bond auction on Tuesday, December 12th, 2023. Bonds in the green bond classes OR020934 GB, OR180255 GB and OR161126 GB will be offered for sale. OR161126 GB bears non-indexed interests with an interest payment arrangement and bears 7.0% interest, payable four times a year until the final maturity on November 16, 2026. Previously, bonds with a nominal value of 720 million have been issued in the class. OR020934 GB bears fixed indexed interests and pays equal payments every six months with a final maturity date of September 2, 2034. Previously, bonds with a nominal value of ISK 21,127 million have been issued in the class. OR0180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of February 18, 2055. Previously, bonds with a nominal value of ISK 27,281 million have been issued in the class. Fossar Investment Bank hf. oversees the issuance and sale of the bonds as well as their a
Wereldhave acquires shopping center Polderplein in Hoofddorp, the Netherlands, and enters growth phase of its LifeCentral strategy5.12.2023 17:40:00 CET | Press release
Wereldhave has reached agreement with DELA Vastgoed B.V. (‘DELA’) regarding the acquisition of shopping center Polderplein and its parking garage in Hoofddorp (The Netherlands), with a total gross lettable area of c17,000 m² (excluding parking). The acquisition perfectly fits within Wereldhave’s strategy and acquisition criteria such as location, value creation opportunities and synergies with the recently delivered Full Service Center Vier Meren. Combined, Vier Meren and Polderplein will create one dominant Full Service Center in the best location of the city, with 49,100 m2 lettable area and 105 shops, with Wereldhave as sole owner. The total purchase price amounts to € 74m (€ 82m including transaction costs), reflecting a net initial yield of 7.6%. As the transaction is 70% equity financed, the loan-to-value will improve by c30bps. Matthijs Storm, CEO of Wereldhave commented: “This acquisition marks the start of the growth phase of Wereldhave’s LifeCentral strategy and completes a b
Kvika banki hf.: Result of subordinated bond offering5.12.2023 17:39:25 CET | Press release
Kvika has today concluded an offering of Tier-2 subordinated bonds in a new series, KVIKA 34 1211 T2i. Total demand amounted to ISK 4,820 million. The subordinated bonds were sold at par for an amount of ISK 2,000 million, where total issuance in the series is limited to ISK 4,000 million. The subordinated bonds are index linked and have an annual coupon of 6.25%. The maturity of the bonds is 11 December 2034 and are callable by the issuer at the interest payment date of 11 December 2029 and on every subsequent interest payment date. The subordinated bonds will be issued under Kvika’s EMTN programme and listed on Nasdaq Iceland. For further information please contact Kvika‘s investor relations at email@example.com