Sica Fletcher

JUNE 11, 2024

The following report contains our projections for Q3 2024 insurance broker valuation multiples. Insurance Broker Valuation Multiples: Q3 2024 Projections Using these numbers as a baseline, let’s examine the insurance industry more closely to identify influential factors behind its specific changes. as of H1 2024.

Broker

The TRADE

MARCH 5, 2024

Other important considerations amongst respondents included: ‘proven execution quality of algorithms’ (up 5% since 2022, now at 65%), quality of algorithmic trading consultancy (also up 5%, now at 53%), and, in Continental Europe specifically, fast trade execution/low latency (35% in 2023).

Broker

Global Banking & Finance

NOVEMBER 15, 2024

By Yuliia Dysa (Reuters) – Wartime Ukraine could reopen a first airport in its western Lviv region next year, as it tries to restore air travel that has been suspended nationwide since Russia’s 2022 invasion, a senior partner at insurance broker Marsh McLennan said.

Broker

Bronte Capital

NOVEMBER 12, 2022

A long time ago I wrote a blog post about rehypothecation with brokers. In some sense crypto provides fast-track learning as to why we have banking and broker regulation in the first place. The US had huge problems with broker-dealers in the 1930s. It is - unsurprisingly - relevant again.

Broker

The TRADE

MARCH 1, 2024

Members in the “basic subscription tier”, excluding AQSE broker membership, will be expected to pay £1,250 per month. All other members, excluding AQSE broker membership, will have to pay £2,500 per month. million in comparison with 2022 according to the venue’s end of year results, helping to boost net revenue 12% for the year to £22.6

Trading

The TRADE

AUGUST 14, 2023

European agency broker and equities research specialist Redburn and US equity brokerage Atlantic Equities have completed the merger of their operations under Redburn’s parent company Rothschild & Co, initially announced on 26 April.

Broker

Sica Fletcher

NOVEMBER 9, 2023

Q3 Index Reflects an Emphasis on Strategic Fit for Investors in 2023 NEW YORK, NY – November 8, 2023 - Sica | Fletcher releases the Q3 2023 Agency & Broker Buyer Index. The Sica | Fletcher Broker Buyer Index stands as the leading report on mergers and acquisitions within the insurance brokerage sector.

Broker

Business Standard - FInance

JUNE 8, 2023

Sebi has been planning to direct brokers and mutual funds to limit the use of financial influencers to curb the spread of financial advice via social media advertising and marketing campaigns. Social media influencers peddle personal views or those paying them on financial markets or stocks.

Media

The TRADE

NOVEMBER 3, 2023

Next up in our introduction to the distinguished nominees for the Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist the Best Broker Electronic Trading Initiative. The broker offers a platform with algorithmic access spanning 45 countries and over 100 liquidity destinations globally.

Electronics

The TRADE

JANUARY 17, 2024

New data from Coalition Greenwich found that electronic trading platforms captured 44% of buy-side US equities order flow in 2023, up from 42% in 2022. With increasing electronic execution from the buy-side, these firms are also reducing the amount of brokers they use to trade US equities overall.

Trading

The TRADE

MAY 14, 2024

Nasdaq Ventures invested in BMLL in its Series B round which took place in Q4 2022. The offering allows investment banks and brokers to identify addressable liquidity to enhance data and analytics processes and add value across research, algo optimisation, trading analytics and risk parameters.

Book-building

The TRADE

JUNE 26, 2024

Elsewhere, on the asset management side, speaking to The TRADE earlier this year, Kendell James, multi-asset trader at Federated Hermes, labelled broker differentiation as the biggest roadblock when it comes to algo adoption. Ease of use (Figure 1) was the highest ranked category in this year’s survey, with a weighted average score of 6.08

Funds

Sica Fletcher

AUGUST 30, 2023

Q2 Broker Buyer Index Shows a 16% Increase in Deal Volume Over Q1 2023 NEW YORK, NY - August 30, 2023 - Sica | Fletcher releases the Q2 2023 Agency & Broker Buyer Index. The Sica | Fletcher Agency & Broker Buyer Index is the most comprehensive report on insurance brokerage M&A activity in existence.

M&A

The TRADE

NOVEMBER 28, 2023

Former director at Cboe Global Markets has left the exchange operator after less than two years to re-join agency only broker-dealer Matrix Executions. He re-joins the agency only broker-dealer after also previously serving as a director for almost three years from 2019 to 2022.

Broker

The TRADE

NOVEMBER 29, 2023

The regulator has been in consultation with market infrastructures and brokers to create a roadmap as it looks to lead to way in the global push to reduce settlement times. India completed its move from T+2 to T+1 in January of this year. For T+1, India opted for a phased approach which did not occur on a parallel system.

Broker

Growth Business

JANUARY 15, 2024

. #4 – Loadsure Loadsure is a freight insurance platform that allows retail brokers to offer single shipment cover in 40 seconds or less. million) in Series A funding in 2022. #5 The startup was founded in 2022 and raised £1.5m The company raised £275,000 in October 2022 and then an undisclosed amount a month later.

Insurance

The TRADE

MAY 20, 2024

Kepler Cheuvreux’s head of market structure and liquidity solutions has left the broker dealer, The TRADE can reveal. He joined the broker dealer in 2016 as its head of portfolio and electronic sales trading, later assuming his most recent role as head of market structure and liquidity solutions in 2022.

Broker

Sica Fletcher

FEBRUARY 2, 2022

And What We Anticipate in 2022 2021 is finally behind us, and, as the old curse goes, we still appear to be living in interesting times. 2021 was not an easy year, and now that it's behind us we can't help but wonder what 2022 has in store. Will we see transaction multiples at last year’s levels? Or will the multiples decrease?

Insurance

The TRADE

JANUARY 17, 2024

Nutting has been with Millennium for over four years and was promoted to senior trader in February 2022. I joined Millennium in 2019 as a trader before being promoted in 2022 to senior trader. A portion of my day is always spent working with brokers to continue developing our relationships and the offerings we consume from them.

Trading

The TRADE

DECEMBER 4, 2023

Former director at Cboe Global Markets, Michael Sparacino, has left the exchange operator after less than two years to re-join agency only broker-dealer Matrix Executions. He re-joined the agency only broker-dealer after also previously serving as a director for almost three years from 2019 to 2022.

Capital Market

The TRADE

JULY 1, 2024

Former head of market structure and liquidity solutions at broker dealer Kepler Cheuvreux Byron Griffin is set to join Franco-German financial services firm ODDO BHF. Griffin left Kepler in May after over eight years with the broker dealer. He joins as head of execution sales and microstructure.

Banking

The TRADE

JUNE 26, 2024

Former head of market structure and liquidity solutions at broker dealer Kepler Cheuvreux Byron Griffin is set to join Franco-German financial services firm ODDO BHF, The TRADE can reveal. Griffin left Kepler in May after over eight years with the broker dealer. He joins as head of execution sales and microstructure.

Broker

The TRADE

SEPTEMBER 21, 2023

As well as budgets for investment research decreasing, a trend of concentrating in the largest, bulge-bracket providers, continues according to Substantive Research, with payments to the top ten brokers in the average research budget increasing by 0.7% since 2022 – now at 54.6%. decrease under the same parameters.

Asset Management

The TRADE

FEBRUARY 26, 2024

“After the combination with Atlantic Equities last year – and since becoming part of the Rothschild & Co Group in 2022 – we continue to take market share in both Europe and the US and having leaders such as Tony and Luc in these sort of roles is absolutely key to continuing that trajectory.”

Sale

Sica Fletcher

APRIL 2, 2024

As the points above suggest, the other factor at play here is size: while smaller agencies and brokers saw steady deal volume despite lower valuations caused by rising interest rates, larger insurance companies did see a significant drop in deal volume over the last 18 months. Insurance M&A Sectors: Who Over- or Under-performed?

Insurance

Benchmark International

JULY 11, 2023

is a leading broker of pallets based in Columbus, Ohio, serving 41 states and provinces. By 2022 the company had reached the stage where its owner and founder, Luke Reinstetle, saw the benefit of bringing in outside capital and resources to keep its growth moving ahead. Morgan Wood Products, Inc.

Sale

The TRADE

JANUARY 30, 2024

Read more: E-trading platforms experienced increased share of US equity trading volume in 2023 Asset managers and brokers have been driven to automate their trading workflows and accomplish more with less to cope with reduced commission rates, budget restrictions and smaller teams.

Equities

The TRADE

JUNE 15, 2023

The SEC has reopened the comment period for this proposal which was initially published in January 2022. These communication protocol systems would have to register as exchanges or as broker-dealers, while also complying with Regulation ATS. “If

Asset Management

The TRADE

JULY 26, 2023

billion post-tax profit for the first half of 2023, a decrease of 9% compared to Q2 2022 and a 7% fall for the overall half of the year, attributing the fall to higher tax rates. Despite overall profits in some areas of the bank, the investment bank revenues fell by 11% in the second quarter compared to the Q2 2022 results.

Profitability

Sun Acquisitions

FEBRUARY 10, 2023

In 2022 there were at least 132, 228 hotels and motels scattered across the U.S., Marketing is best done through: Business brokers: Working with a business broker can be beneficial because they can market for you across a network of channels and private investors and equity firms they might be in contact with. more than in 2021.

Business

The TRADE

SEPTEMBER 22, 2023

The SEC stated today that it found Goldman “willfully violated the broker-dealer recordkeeping and reporting provisions of the federal securities laws”. Read more – Record fines in 2022 as regulators crack down This move follows a recent increase in SEC actions within the market.

Electronics

The TRADE

OCTOBER 18, 2024

Data from Convergence tracking the top 25 prime brokers showed their market share grew from 83.3% The bank also highlights to us how “as a global multi-asset class prime broker, we are structured to deliver the widest range of services regardless of strategy type or product complexity”. in April 2023, to 92% in 2024.

Broker

IBG

DECEMBER 15, 2023

Through his long-term role as chairman of the M&A profession’s Business Intermediary Education Foundation, John helped lead the successful effort in gaining Congressional approval of a federal registration exemption for M&A brokers and advisors ( HR 2617: “Registration Exemption for Merger and Acquisition Brokers” ).

M&A

The TRADE

DECEMBER 11, 2023

Previously in her career, she spent three and a half years as a cash equity broker at Tullett Prebon. Ip joined the exchange back in 2017, initially as director of product management & technology sales – a role he held until May 2022. She began her career at Newedge in a cash equity trading and sales role.

Trading

OfficeHours

AUGUST 23, 2023

3-03-2022 Newsletter: Why Buyside Is All About Growth Rates SO you know you want to pursue Buyside, you’re sick of just being a real estate broker, you want to buy the building Where do you currently stand in On-Cycle 2025 Recruiting?

Equities

Sica Fletcher

MARCH 8, 2024

Starting in H2 2022, the insurance M&A market has seen a notably difficult 18-month period, afflicted with high interest rates, lowered deal volumes, and lowered valuations. So, how did we get here? What Is Affecting Insurance Agency EBITDA Multiples? This raises an important question: What Should Insurance Agency Owners Expect in 2024?

Insurance

How2Exit

JULY 1, 2024

Influenced by her mother's journey as an immigrant and entrepreneur, she ventured into the world of business acquisition, purchasing an e-commerce company in 2022. Despite facing challenges, Morli remains steadfast in her mission to empower women with natural skincare solutions. However, she soon faced a starkly different scenario.

Business