hi guys.
sorry for the wait.
here a 30 chapter for the delay.
"Your Highness, Mr. Ferran O'Neill has arrived."
Barron's personal assistant Wang Wanting opened the door of Barron's office and said so.
Behind her stood a middle-aged man in his thirties wearing a neat suit and black-framed glasses.
"Hello, Your Highness."
"Take a seat, Mr. O'Neill."
Looking at the man sitting in front of him with a respectful expression, Barron said with a smile:
"Can I call you Ferran? You have been working at DS Group for more than two years, which means you joined our company relatively early."
"Yes, Your Highness."
"I won't say any more unnecessary words. Next, I will tell you what to do. The first thing is to acquire a suitable and fully qualified fund company on Wall Street..."
Ferran O'Neill listened carefully to Barron's words and kept them in mind.
It can be said that getting such an opportunity is what he has always dreamed of.
Phelan has been working at DS Investments for nearly three years. He is also one of the initial members of the operations team recruited by Daisy. It can be said that as DS Group has become one of the giants in the British financial investment industry, Phelan has also benefited a lot. The bonuses he has received alone are enough to provide his family with a good life in London.
But at the same time, Fearon also saw how people like Daisy and Amber Sheen, CEO of DS Holdings, became super managers with annual salaries of several million or tens of millions. Apart from them, there are not too many managers in DS Group who can earn more than one million pounds a year...
Now that Feren has also got such an opportunity, he must seize it tightly - he understands what this young and handsome duke in front of him means in England. If he can gain the other's trust, then his destiny will change from then on.
All he needs to give is his loyalty and talent. There are so many capable people, but not everyone can have such an opportunity.
…
After several months of review, relevant EU and Italian agencies finally approved LOMX Group's acquisition plan of the Italian Stock Exchange.
When they first approached the Italian Stock Exchange, the London Stock Exchange had not yet completed its acquisition of the OMX Group. However, it was this acquisition that made the subsequent acquisition of the Italian Stock Exchange more susceptible to antitrust investigation.
After all, even if the LOMX Group acquires the Italian Stock Exchange and becomes the largest exchange group in Europe, there are still two competitors of similar size in the European market, the German Stock Exchange and the Euronext Group.
However, this news came before LOMX Group's listing on the Nasdaq, which can be considered a positive for their stock price.
On May 8, LOMX Group's shares were listed and traded on Nasdaq.
This time, the IPO will be conducted on the Nasdaq market, and 300 million shares will be publicly issued, all of which are newly issued shares.
LOMX Group's stock issue price is US$5. Based on this price, they will raise US$1.5 billion and the group's market value is US$10 billion.
On the day of listing, LOMX Group's stock opened at $5.5, hit a high of $6.45 on the day, and finally closed at $6.14.
At this closing price, LOMX Group's market value reached US$12.28 billion.
After listing, LOMX Group's shareholding ratio is as follows: GII-1 Holding Company (Global Industrial Investment Fund Phase I) holds 786 million shares, accounting for 39.31%; GII-2 (Global Industrial Investment Fund Phase II) holds 744 million shares, accounting for 37.19%; and Nasdaq Group holds 170 million shares, accounting for 8.5%.
It is worth mentioning that when the first phase of GII Fund was launched, the London Stock Exchange was acquired as a whole at a valuation of 1.5 billion pounds. In fact, because a considerable portion of shares were purchased in the secondary market in the early stage, the cost of GII Fund's overall acquisition of the London Stock Exchange was even lower than 1.5 billion pounds.
Now, the LOMX Group shares held by GII-1 Holdings are worth more than US$4.8 billion, equivalent to 2.75 billion pounds. It can be said that the value of their investment has almost doubled.
In addition, because it holds 170 million shares of LOMX Group, the share price of Nasdaq Group also rose by 5% on the day LOMX Group went public...
On the day of completing the listing, LOMX Group announced that they would use the US$1.5 billion in funds obtained from the IPO on the Nasdaq market, plus their own funds, to complete the acquisition of the Italian Stock Exchange. After that, the Italian Stock Exchange and its affiliated securities trading platform will be incorporated into the LOMX Group.
In this way, LOMX Group will become an exchange group for global investors with multiple exchanges in the UK, Italy, Northern Europe and the Baltic region. It will also be the largest exchange group in Europe. Next, they will introduce more new technologies into transactions to provide investors with more advanced and convenient financing and investment platforms.
After expanding the scale of LOMX Group's exchange, at least quantitative and high-frequency trading funds such as Athena Fund and Hera Fund under DS Investment Company will be able to obtain more information support, allowing their mathematical models to run more accurately.
Athena Fund is a quantitative trading fund of DS Group. Its current size has reached nearly US$5 billion. In the past year, the return rate of Athena Fund has been as high as over 50%, which is terrifying.
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
Of course, this is also due to their prediction of the overall economic trend. In such a generally upward economic cycle, if they can judge the correct trend, their investment strategies can be bolder.
Even the Hera Fund, a high-frequency trading fund that was established just last year and mainly targets stock trading on the London Stock Exchange - a high-frequency trading fund that was originally funded by Caesar Fund and Global Industrial Investment Fund Phase I, each with an investment of US$500 million, and operated by DS Investment Company based on the experience of the Zeuss Fund previously established in the United States - has now grown its assets from the initial US$1 billion to more than US$1.4 billion.
After the establishment of LOMX Group, DS Investment Company began to increase its investment in stocks of exchanges belonging to the former OMX Group. Now that the Italian Stock Exchange has joined the LOMX Group, the investment scope of DS Investment Company's funds has been expanded again.
Previously, the Cavendish Trust had more than $14.6 billion in funds after repaying a $3 billion loan from Goldman Sachs (financing for the acquisition of Standard Chartered Bank shares) and a £2.5 billion loan from Northern Rock Bank (a loan obtained by mortgaging a series of holdings when acquiring Gucci Group shares).
They once again took out $1.6 billion of these funds and invested them in the Hera Fund, bringing the size of this fund focused on high-frequency trading of stocks on exchanges under the LOMX Group to more than $3 billion.
This kind of high-frequency trading seems to be very profitable, but in order to maintain competitiveness, the investment is also very large, including the computing power of their computers and the maintenance and upgrading of mathematical models, which are very costly. Otherwise, without such a moat, how can you make such money?
Moreover, most funds or companies involved in high-frequency trading will not announce their profits too much. It is best to make a fortune quietly, otherwise it will easily attract more funds to enter this field.
Therefore, of DS Group's two high-frequency trading funds, the Zeuss Fund is in cooperation with Goldman Sachs Group, while the Hera Fund is entirely funded by their own funds (Cavendish Trust Fund) and funds under its subsidiaries, and is not open to accepting funds from other investors.
On the contrary, the size of the Athena Fund is still increasing because it provides relatively stable fixed-income products and has been running smoothly so far. Also, because this fund is not like the Mars Fund, which has only one investment window open each year, the growth rate of investors and funds has exceeded that of the Mars Fund.