Tagged: nyse

September 29, 2018 @ 12:43 pm By JD Alois  |  

Samoyed Holding Limited, a China based Fintech, has filed to trade shares on the New York Stock Exchange. Samoyed is one of a growing number of Chinese Fintechs seeking a listing on a US exchange. The Form F-1 has been filed with the Securities and… Read More

September 19, 2018 @ 11:00 pm By JD Alois  |  

Earlier today, China based X Financial (NYSE:FXE) traded on the New York Stock Exchange (NYSE) in its initial public offering raising approximately $104.5 million as 11 million shares were floated at $9.50/share. The shares quickly jumped higher in early trading and eventually closed about 25%… Read More

September 19, 2018 @ 12:25 pm By JD Alois  |  

Chinese peer to peer lending platform X Financial (NYSE: XYF) completed its initial public offering (IPO) today trading shares on the New York Stock Exchange. Deutsche Bank Securities Inc. and Morgan Stanley & Co. were joint book runners on the IPO. The IPO saw the Class… Read More

August 24, 2018 @ 11:14 am By Cali Haan  |  

An SEC decision to disapprove the listing of several Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange(NYSE) has been stayed pending review. Commissioner Hester Pierce announced the stay yesterday on Twitter. The SEC had ruled the day before to deny a rule change… Read More

August 8, 2018 @ 11:30 am By Cali Haan  |  

The SEC (Securities Exchange Commission) announced yesterday that it will take a full 90 days to decide on a rule change that may permit VanEck SolidX to take a Bitcoin ETF to market. The latest request for a rule change came from the Chicago Board… Read More

August 3, 2018 @ 4:46 pm By Cali Haan  |  

A major announcement today from the owner of the New York stock exchange conveyed by Fortune magazine is being viewed as something of a blockbuster in crypto circles. Jeffry Sprecher, founder and CEO of Intercontinental Exchange (NYSE:ICE), is seeking approval for a venture ICE is… Read More

July 17, 2018 @ 3:41 pm By JD Alois  |  

Tripoint Global, a boutique investment bank based in Manhattan, and its online capital formation platform Banq – have been leaders in the Reg A+ crowdfunding space since the beginning. When the  rules were quite new, Mark Elenowitz, CEO of Tripoint, was quick to recognize the potential… Read More

July 9, 2018 @ 1:52 pm By Cali Haan  |  

Cameron Winklevoss, co-owner of New York-based Gemini Digital Asset Exchange, has announced the organization’s placement of its first Chief Technology Officer (CTO). The new position will be filled by Robert Cornish, who, at the time of writing, is still Chief Information Officer at the New… Read More

April 6, 2018 @ 3:56 am By JD Alois  |  

The Securities and Exchange Commission filed an “Order Instituting Proceedings” to determine if they should approve the listing of shares of the GraniteShares Bitcoin ETF and the GraniteShares Short Bitcoin ETF on the CBOE BZX Exchange. This is similar to a process that was initiated last… Read More

December 28, 2017 @ 12:00 pm By JD Alois  |  

Darren Marble is CEO and founder of CrowdfundX – a firm that provides a modern spin on financial marketing for the new world of Fintech and online capital formation. Early on, Marble recognized the potential of Reg A+ crowdfunding in the US, as created by Title… Read More

December 20, 2017 @ 4:30 pm By JD Alois  |  

Multiple reports are indicating the NYSE (NYSE:ICE) has filed with the Securities and Exchange Commission to list to Proshares Bitcoin ETFs. CNBC said the funds would track the Bitcoin Futures contracts trading on the CBOE and CME. Both contracts only recently launched. Brown Brothers Harriman… Read More

November 18, 2017 @ 11:24 am By Xu Gao  |  

A Unified Credit Rating System is On the Way People’s Bank of China, China’s central bank, has made plans to launch a united platform by the end of 2017 for collecting personal credit information and assessing people’s credit ratings. Setting up this platform means the… Read More

November 10, 2017 @ 10:05 am By JD Alois  |  

Chinese online lender PPDAI traded on the NYSE under ticker PPDF today after pricing shares at $13 each for their initial public offering. The IPO raised $221 million for the peer to peer lending platform with Credit Suisse and Citi acting as lead managers.  PPDAI… Read More

April 29, 2017 @ 10:05 am By JD Alois  |  

The Securities and Exchange Commission is partnering with New York University on an event tackling the topic of the declining initial public offering market (IPO). Organized under the auspices of the SEC’s Division of Economic Risk Analysis (DERA), the half day dialogue is being held… Read More

January 31, 2017 @ 8:02 pm By JD Alois  |  

The advent of new securities exemptions has created opportunity for various sectors of finance. Beyond the fact that issuing companies now have new alternatives for raising capital, and a broader group of investors may gain access to early stage companies, there is a question of… Read More

November 22, 2016 @ 6:32 pm By JD Alois  |  

There has been a lot of buzz within the investment community regarding the updated exemption created under Title IV of the JOBS Act.  Regulation A+, or just Reg A+, was crafted by the SEC and Congress to allow issuers to raise up to $50 million… Read More

November 18, 2016 @ 11:10 am By JD Alois  |  

Myomo, a medical robotics company whose products enable users to overcome upper extremity paralysis, has filed a Form 1-A with the SEC indicating its intent to raise money under Reg A+, a crowdfunding exemption that allows issuers to seek up to $50 million in capital…. Read More

May 22, 2015 @ 10:00 am By Erin Hobey  |  

“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… Read More

March 10, 2015 @ 2:48 pm By JD Alois  |  

In a broad ranging discussion on Capitol Hill today, the Senate Banking, Housing and Urban Affairs subcommittee addressed the issue of Venture Exchanges. Recently there has been a growing amount of discourse on the Hill, and within the offices of the SEC, regarding the propriety and… Read More

March 3, 2015 @ 11:14 pm By JD Alois  |  

Nasdaq CEO Bob Greifeld spoke briefly on CNBC today about the “institutional battle” between the NYSE and Nasdaq in regards to the number of IPOs.  For the record Nasdaq chalked up 189 for $22 billion raised in 2014 while the NYSE listed 129 for total… Read More