|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (5Y Monthly)||0.32|
|PE Ratio (TTM)||48.44|
|Earnings Date||Aug 05, 2022|
|Forward Dividend & Yield||1.02 (1.25%)|
|Ex-Dividend Date||Aug 18, 2022|
|1y Target Est||9,238.75|
Diagnostics and pharmaceutical services technologies investor Conviction Life has filed for an initial public offering to trade on the main market of the London Stock Exchange, the company said on Friday. Conviction Life is targeting gross proceeds of up to 100 million pounds ($121 million) through the issue of up to 100 million ordinary shares. The company will also undertake a placing programme for up to 250 million ordinary shares and plans to start trading on Dec. 16.
Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all share trades at its Italian arm from the end of 2023, a move that ends reliance on a London Stock Exchange Group (LSEG) unit in Paris. Euronext, which operates exchanges in Paris, Amsterdam, Brussels, Dublin, Lisbon, Milan and Oslo, has long relied on LCH SA in the French capital for clearing its stock and derivatives trades, but its acquisition of the Milan Exchange last year from LSEG included an in-house clearer. "This is the first milestone in the transformation of Euronext Clearing to create the Euronext clearing house of choice for its cash equity markets," Euronext said in a third quarter trading statement.
Deutsche Boerse's derivatives division stepped up efforts on Tuesday to attract a bigger slice of multi-trillion euro derivatives clearing from London to its base in Frankfurt ahead of anticipated European Union legislation. Brussels has likened the need to cut the EU's heavy reliance on London for euro derivatives clearing since Brexit to the bloc's need to wean itself off Russian energy. Deutsche Boerse's Eurex Clearing said buyside customers, such as asset managers, could qualify for up to 50,000 euros ($49,655) for running an active account for clearing interest rate and other types of swaps during 2023.