Knight Capital/GETCO Update
One of the big topics as Knight Capital became in play is what a deal would have on the firms non-equity units. Most equity analysts following the company have concluded that Hotspot FX and Bondpoint Trading units were on the block to be sold. As mentioned on Wednesday, in a note to clients, Niamh Alexander, Analyst at Keefe, Bruyette, & Woods wrote “Given some of the $720 million of cash payout will be funded with borrowed cash, we would anticipate some of the electronic businesses might be sold to help pay down debt used to finance the deal." This was one of the more compelling reasons being offered as to what would trigger a sale. Also as Hotspot and Bondpoint offer leading technology within their industry has made the units attractive to outside buyers. Then again, it could also lead GETCO/Knight to decide to keep them as well.
When asked about the effects of the announced Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term on Knight's non-equity divisions, and specifically Hotspot FX, Kara Fitzsimmons, Managing Director of Media Relations at Knight Capital declined to comment.
One item to keep in mind is that with the merger expected to take several months to close, neither Knight or Getco are in an pressing state to push an asset sale. Also, with the ICE and NYSE Euronext hooking up yesterday, it represents that it is a sellers market and Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term to being patient making more sense for the combined GETCO and Knight Capital.
One of the big topics as Knight Capital became in play is what a deal would have on the firms non-equity units. Most equity analysts following the company have concluded that Hotspot FX and Bondpoint Trading units were on the block to be sold. As mentioned on Wednesday, in a note to clients, Niamh Alexander, Analyst at Keefe, Bruyette, & Woods wrote “Given some of the $720 million of cash payout will be funded with borrowed cash, we would anticipate some of the electronic businesses might be sold to help pay down debt used to finance the deal." This was one of the more compelling reasons being offered as to what would trigger a sale. Also as Hotspot and Bondpoint offer leading technology within their industry has made the units attractive to outside buyers. Then again, it could also lead GETCO/Knight to decide to keep them as well.
When asked about the effects of the announced Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term on Knight's non-equity divisions, and specifically Hotspot FX, Kara Fitzsimmons, Managing Director of Media Relations at Knight Capital declined to comment.
One item to keep in mind is that with the merger expected to take several months to close, neither Knight or Getco are in an pressing state to push an asset sale. Also, with the ICE and NYSE Euronext hooking up yesterday, it represents that it is a sellers market and Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term to being patient making more sense for the combined GETCO and Knight Capital.