Day: April 14, 2019

Market Recap 14/04/2019

US This week, the two major economic data that we see important at the US are: the monthly CPI which was recorded as 0,1% ,slightly below the 0,2% expectations, and the monthly PPI which was recorded as 0,6% , beating the 0,6% expectations. Next week retail sales and Philadelphia FED’s Manufacturing Index will be released […]

Dark Pools: Fifty Shades of Trade

“Make all the trades through the dark pools so it masks what we’re doing. That way we’ll preserve our head start, which will not be a long one.” This is how Bobby Axelrod instructs his traders to get rid of his natural gas positions in the latest episode of the famous TV series, Billions. Dark […]

Greexotics – A first step in the land of exotic derivatives greeks – Part 1

How does the Delta of a lookback option behave? What is Cross-Gamma? Is the Vega of a digital option ever negative? And furthermore, how do these exotic greeks (“greexotics) evolve as time passes and implied volatility changes? In this series of articles, we would like to give the reader a brief but comprehensive answer to […]

Carel Industries S.p.A. – IPO report

Carel Industries S.p.A. [BIT: CRL] – Market Cap as of 08/04/2019:  €1.05bn Introduction On Monday 11th of June 2018, Carel Industries S.p.A., a global player in the dehumidification and refrigeration sector, started trading on the MTA of Borsa Italiana. The initial price was €7.2 per share, but strong demand quickly drove the price up to […]

Got Game? NVIDIA’s acquisition of Mellanox Technologies for $6.9Bn

Mellanox Technologies Ltd [MLNX: NASDAQ] – Market Cap as of 03/04/2019 $6.46bn NVIDIA Corporation [NVDA: NASDAQ] – Market Cap as of 03/04/2019 $114.25bn Introduction On Monday 11 March 2019 NVIDIA announced an all-cash acquisition of Mellanox Technologies at $125 per share, implying a total EV of $6.9bn. NVIDIA, whose share price had previously come under pressure due to a weakening demand for its […]

Lyft-ing up or Falling Fast?: Lyft Becomes the First Rideshare Company to IPO

Lyft inc. [LYFT: NASDAQ] – Market Cap as of 5/4/2019 $21.28bn Introduction  On March 29, Lyft – a leading US ride-hailing company – went public on the Nasdaq. Its IPO price settled at the top end of the pricing range, with shares at $72 a piece valuing the company at nearly $24bn. The offering ranked […]