Using Fourier transform to detect large orders: Part 1

In the last two decades, advancements in information technology have contributed in the creation of virtual marketplaces where buyers and sellers are brought together through an electronic trading platform. Electronic trading is rapidly replacing human trading in global securities markets. Therefore, human best-execution practice has naturally evolved into automated execution Read more…

Will the U.S. Government Lift Terex Out of Zoomlion’s Hands?

Zoomlion Heavy Industry Science and Technology Co., Ltd.; Market Cap HK$17.24 bn (as of 19/02/2016) Terex Corporation; Market Cap: US$2.4 bn (as of 19/02/2016)   Introduction Zoomlion has made a US$3.3bn non-binding offer to buy US-based company Terex in hopes of foiling the proposed merger between Terex and Konecranes. Zoomlion’s Read more…

Private equity firm Apollo braving the merger markets with its hunt on a burglar-alarm vendor ADT

Apollo Global Management; market cap as of 19/02/2016: $2.70bn ADT Corporation; market cap as of 19/02/2016: $6.59bn   Introduction US private equity firm Apollo Global Management has agreed to buy ADT, an American home-security company, paying c.$11bn for a total enterprise value in the so far biggest leverage buyout of Read more…

Biggest Chinese Acquisition of a U.S Technology Target Yet

Ingram Micro Inc.; market cap as of 19/02/2016: $5.44bn Tianjin Tianhai Investment Co., Ltd.; market cap as of 19/02/2016: $2.58bn    Introduction On February 17, 2016, Tianjin Tianhai Investment Co., Ltd. (Tianjin) (SSE A Share: 600751 and SSE B Share: 900938), a container shipping and freight agency company, entered into Read more…