Rebirth of England
Chapter 466 LOMX Group goes public
"Your Highness the Duke, Mr. Phelan O'Neill has arrived."
Barron's personal assistant Wang Wanting opened the door to Barron's office and said so.
Behind her stood a middle-aged man in his thirties with a straight suit and black-rimmed glasses.
"Hello, Your Highness the Duke."
"Sit down, Mr. O'Neill."
Looking at the man sitting in front of him with a respectful expression, Barron smiled and said:
"Can I call you Faylan? You have been working at DS Group for more than two years, so you joined our company relatively early."
"Yes, Your Highness the Duke."
"Then I won't say any more. Next, I will tell you how to do it. The first thing is to acquire a suitable and fully qualified fund company on Wall Street..."
Phelan O'Neill listened to Barron's words carefully and kept these words firmly in his heart.
It can be said that being able to get such an opportunity is what he has dreamed of.
Phelan has been working at DS Investment Company for nearly three years. He was also one of the members of the operation team initially 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 bonus he received alone was enough to provide his family with a comfortable life in London.
But at the same time, Fearon also saw how people like Daisy and Amber Sheehan, the CEO of DS Holdings, became super managers with annual salaries of millions and annual income of tens of millions. Apart from them In addition, if you can get a management salary of more than one million pounds per year in DS Group, you don’t need too many...
Now that Feren has gotten such an opportunity, he must seize it tightly - he understands what the young and handsome Duke in front of him means in England. If he can gain the trust of the other party, then his destiny will be better from now on. Change.
All he needs to pay is his loyalty and talent. There are so many capable people, but not everyone can have such an opportunity.
…
After several months of review, the relevant agencies of the European Union and Italy finally approved the LOMX Group’s acquisition plan for the Italian exchange.
When they first contacted the Italian 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 Exchange more likely to be subject to antitrust investigations.
After all, even if the LOMX Group acquired the Italian Exchange and became the largest exchange group in Europe, there are still two comparable competitors in the European market, Deutsche Börse and Euronext Group.
However, this news appeared before LOMX Group was listed on Nasdaq, which can be regarded as a benefit to their stock price.
On May 8, LOMX Group's shares were listed on Nasdaq.
This IPO on the Nasdaq market will involve the public issuance of 300 million public shares, all of which are newly issued shares.
The issuance price of LOMX Group's shares is US$5. At 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 shares opened at a price of $5.5, hit a high of $6.45 that day, and finally closed at a price of $6.14.
Based on this closing price, the market value of LOMX Group has reached US$12.28 billion.
After listing, the shareholding ratio of LOMX Group: 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 It holds 744 million shares, accounting for 37.19%; Nasdaq Group holds 170 million shares, accounting for 8.5%.
It is worth mentioning that when the first phase of the GII Fund was launched, it was acquired as a whole based on the London Stock Exchange’s valuation of 1.5 billion pounds. In fact, because a considerable part of the shares were purchased in the secondary market in the early stage, the GII Fund acquired the London Stock Exchange as a whole. The exchange's expenses will be less than 1.5 billion pounds.
The LOMX Group shares currently 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 now.
In addition, because it holds 170 million shares of LOMX Group, the share price of Nasdaq Group rose by 5% on the day LOMX Group was listed...
On the day the listing was completed, LOMX Group announced that they would use the US$1.5 billion in funds obtained from the IPO listing on the Nasdaq market, plus their own funds, to complete the acquisition of the Italian exchange. After that, the Italian exchange Therefore, its securities trading platform will be merged into the LOMX Group.
In this way, LOMX Group will become an exchange group with multiple exchanges in England, Italy, Nordic and Baltic regions, facing global investors, and the largest exchange group in Europe. Next, they will introduce more new technologies to During transactions, it provides investors with a more advanced and convenient financing and investment platform.
After expanding the scale of LOMX Group's exchange, at least quantitative and high-frequency trading funds such as DS Investment Company's Athena Fund and Hera Fund will be able to receive more information support, allowing their mathematical models to run more accurately.
Athena Fund is a quantitative trading fund of DS Group. Its current scale is close to US$5 billion. In the past year, the Athena Fund's return rate has been as high as more than 50%, which is terrifying.
Of course, this also benefits from their prediction of the overall economic trend. In such a generally upward economic cycle, by determining the correct trend, the investment strategy can be bolder.
Even the Hera Fund, a high-frequency trading fund that was just established last year mainly for stock trading on the London Stock Exchange—it was originally the first phase of Caesars Fund and Global Industrial Investment Fund, each investing US$500 million. According to Zeuss, which was previously established in the United States, Fund experience, a high-frequency trading fund operated by DS Investment Company - now, the scale of its assets has grown 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 stock investment in the exchanges owned by the original OMX Group. Now that the Italian Exchange has joined the LOMX Group, the investment scope of DS Investment Company's funds has expanded again.
The previous funds from the Cavendish Trust Fund were used to repay a US$3 billion loan from Goldman Sachs Group (the financing used to acquire the shares of Standard Chartered Bank) and a loan of 2.5 billion pounds from Northrock Bank (the mortgage of a series of holdings when acquiring the shares of the Gucci Group). After loans obtained by equities), there is more than $14.6 billion in funding.
They once again invested US$1.6 billion of these funds into the Hera fund, making this fund, which focuses on high-frequency trading of stocks on exchanges under the LOMX Group, exceed US$3 billion.
This kind of high-frequency trading seems to be very profitable, but in order to maintain competitiveness, the investment will also be huge, including the computing power of their computers and the maintenance and upgrade of mathematical models, which are very expensive things - otherwise there would be no With such a moat, why would you let me pick up such money?
Moreover, most funds or companies involved in high-frequency trading will not announce too much of their profits. It is best to make a fortune silently, otherwise it will be easy to attract more funds into this field.
Therefore, the two high-frequency trading funds of DS Group, the Zeuss fund is in cooperation with Goldman Sachs Group, and the Hera fund is entirely injected from their own funds (Cavendish Trust Fund) and its affiliated funds, and is not open to acceptance. funds from other investors.
It is the size of the Athena fund. Because it provides relatively stable fixed income products and has been running smoothly so far, the size of its funds is still increasing. It is also because this fund is not like the Mars fund, which has only During the time the investment window was open, the growth rate of investors and funds exceeded that of the Mars fund.
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