OKEx To Launch Options Trading

First crypto exchange to offer C2C, spot, futures, perpetual swap, and options trading under the same roof

VALLETTA, Malta-Monday 9 December 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- OKEx, the world’s largest spot and futures digital asset exchange by trading volume, today announced the launch of options trading. Developed from the ground up, OKEx Options represents a complete upgrade to the platform’s trading architecture, backed by a faster, more stable and robust infrastructure. Options trading will be available on OKEx starting from December 27, 2019, and simulation will begin on December 12, 2019.

With this addition, OKEx is the first crypto exchange to offer C2C, spot, futures, perpetual swap, and options trading under the same roof. Users can select from a wide range of products to best fit their trading and hedging strategies.

Options trading is a type of derivatives trading that gives the buyer the ability to purchase or sell an underlying asset after paying a premium. OKEx Options will offer both buy and write options, which enhances trade flexibility and market transparency with trade prices that closely reflect market trends. OKEx’s version is a major improvement upon other platforms that only support buy options.

OKEx Options also includes a rigorous anti-manipulation system. Designed to prevent close price manipulation, OKEx averages out the spot data from multiple platforms to obtain a fair settlement price. The options mark price is determined by OKEx in real time using the Black-scholes pricing model. Since a single transaction or quote cannot affect the options market -- which only responds to estimated options volatility.

“We are excited about the launch, given the increasing demand of crypto derivative products across all our client segments, especially institutional clients that showed the fastest growing demand in derivative trading. We aim to provide the broadest range of trading and risk management tools to all our clients from institutional to retail market participants,” said Jay Hao, CEO of OKEx. “Options is a unique instrument that enable traders to manage, price and hedge the volatility of crypto assets with a combination of option contracts. It also gives a trader the ability to take advantage of more than just market direction. As the crypto market evolves, we aim to build a complete derivatives product suite, delivering solutions to optimize users’ trading strategies. OKEx Options is a major step towards this goal.”

Contacts

Media
Vivien Choi, media@okex.com


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Elliott Statement on Alexion

LONDON-Monday 9 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Funds advised by Elliott Advisors (UK) Limited (together “Elliott” or “we”) acknowledge the statement issued by Alexion Pharmaceuticals, Inc. (“Alexion” or “the Company”) on Friday.

Elliott confirms that it has had a multiyear, constructive and private engagement with Alexion that has led to value-creative changes at the Company. Despite two years of strong execution that bolstered the Company’s strategic value, we believe Alexion remains significantly undervalued by the market. Elliott is encouraged by the Board’s public commitment to evaluate any inbound interest and its overall commitment to shareholder value creation. Elliott remains of the view that Alexion would be a highly valuable strategic and financial asset for a number of larger pharmaceutical companies. We also continue to believe that a proactive approach would maximise the chance of an optimal outcome.

We look forward to continuing our dialogue with the Company in an effort to close the gap between its current share price and its fundamental value.

About Elliott

Elliott Management Corporation manages two multi-strategy investment funds which combined have approximately $38.2 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Management Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191209005485/en/

Contacts

Media Contacts
Sarah Rajani CFA
Elliott Advisors (UK) Limited
+44 (0) 20 3009 1475
srajani@elliottadvisors.co.uk


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Middle East Stevie ® Awards Entry Deadline Extension Announced

Newest Stevie Awards Program recognizing innovation in 17 countries in Middle East and North Africa is now accepting entries through January 22.


RAS AL KHAIMAH, United Arab Emirates-Monday 9 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- The Stevie Awards have announced a general entry deadline extension for its new Middle East Stevie Awards sponsored by RAK Chamber. Applications will now be accepted through January 22 by popular demand. All organizations operating in 17 countries in the Middle East and North Africa are eligible to submit nominations to the 2020 Middle East Stevie Awards. The awards will recognize innovative achievements since July 1, 2018.

Nominations will be accepted in Arabic and English from organizations of all types, large and small, for-profit and non-profit, publicly-held and privately-held, in more than 200 categories. The award program accepts nominations in the categories listed below without any restrictions, in terms of the number of the application. Moreover, applications are free of charge.

Middle East Stevie ® Awards Categories

    Web Site, App, Annual Report & Other Publications, & Live Event Awards
    Management Awards
    Company / Organisation Awards
    Corporate Communications & Public Relations Awards
    Customer Service Awards
    Human Resources Awards
    Marketing Awards
    New Product & Product Management Awards
    Technology Awards

Judging of the nominations will be conducted by professionals around the world. The winners will be announced the week of 19 February. Grand Stevie Award winners will be announced, and all Stevie winners will be honored at a gala awards banquet at the Waldorf Astoria in Ras Al Khaimah, UAE, on the 21st of March 2020.

Instead of charging entry fees for each nomination, the competition will impose a winner’s fee on each Gold, Silver, and Bronze Stevie-winning nomination. Payment of the winner’s fee will unlock the many benefits of being a Stevie winner, including the right to publicly claim the recognition, a Stevie Award trophy, the right to use the winner’s seal.

Hundreds of organizations across the MENA region have been recognized in Stevie Awards programs over the past years, including ASDA'A BCW in the United Arab Emirates, CarrefourSA in Turkey, DHL Express in Qatar, Gulf Bank in Kuwait, and Ooredoo in Oman.

Detailed information is available at https://MENA.StevieAwards.com

About the Stevie® Awards

Stevie Awards competitions receive more than 12,000 nominations each year from organisations in more than 70 countries. Learn more about the Stevie Awards at www.StevieAwards.com

Contacts

May Hassan
May@StevieAwards.com
+962799934550

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Galderma Investigational Therapy Nemolizumab Granted FDA Breakthrough Therapy Designation for the Treatment of Patients Suffering from Prurigo Nodularis

LAUSANNE, Switzerland-Monday 9 December 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Galderma today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation to the investigational therapy nemolizumab for the treatment of pruritus associated with prurigo nodularis.

Prurigo nodularis is a rare, potentially debilitating, chronic skin condition with thick skin nodules covering large body areas and associated severe pruritus. It frequently leads to a severe quality of life impairment.

Nemolizumab is a first-in-class investigational monoclonal antibody that blocks signaling of IL-31. Galderma recently presented, at the 28th Annual Congress of the European Academy of Dermatology and Venereology, the results of a Phase 2 study in adult patients with moderate-to-severe prurigo nodularis. Nemolizumab not only met the primary endpoint of a greater improvement in peak pruritus Numerical Rating Scale (PP NRS) from baseline compared to placebo, but also significantly improved skin lesions as measured by Investigator Global Assessment (IGA).

Dr Thibaud Portal, Galderma Global Vice President of Prescription medicines, commented: “With the Phase 2 study results, we were able to provide substantial clinical evidence supporting the Breakthrough Therapy Designation now granted by the U.S. FDA. We are very excited by the prospect of offering a treatment option to doctors, and their patients with prurigo nodularis, where currently there are no registered therapy options. We are fully committed to continue driving forward the overall nemolizumab development program.”

Galderma is now actively preparing for the initiation of a Phase 3 pivotal program with nemolizumab in adult patients with prurigo nodularis in 2020.

Earlier this year, Galderma announced the enrollment of the first patients in the Phase 3 pivotal program with nemolizumab in adult patients with moderate-to-severe atopic dermatitis.

About the Breakthrough Therapy Designation

Therapies that are granted Breakthrough Therapy Designation by the U.S. FDA target serious or life-threatening diseases or conditions and provide preliminary clinical evidence indicating that the drug may demonstrate substantial improvement over existing therapies on one or more clinically significant endpoints, such as substantial treatment effects observed early in clinical development.

About Nemolizumab

Nemolizumab, a first-in-class humanized monoclonal antibody, is directed against the IL-31 receptor alpha, which blocks signaling from IL-31. Nemolizumab, initially developed by Chugai Pharmaceutical Co., Ltd., was subsequently licensed to Galderma in 2016 – worldwide except Japan and Taiwan. Nemolizumab is an investigational agent under clinical development and its safety and efficacy have not been fully evaluated by any regulatory authority.

About Galderma

Galderma, the world's largest independent global dermatology company, was created in 1981 and is now present in over 100 countries with an extensive product portfolio to treat a range of dermatological conditions. The company partners with health care practitioners around the world to meet the skin health needs of people throughout their lifetime. Galderma is a leader in research and development of scientifically-defined and medically-proven solutions for the skin. For more information, please visit www.galderma.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20191209005275/en/

Contacts

Media
Sébastien Cros, Head of Corporate Communications, media@galderma.com


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Schlumberger Announces Fourth-Quarter and Full-Year 2019 Results Conference Call

HOUSTON-Monday 9 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) will hold a conference call on January 17, 2020 to discuss the results for the fourth quarter and full year ending December 31, 2019.

The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.

To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 4013483.

A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until February 17, 2020, and can be accessed by dialing +1 (866) 207-1041 within North America or +1 (402) 970-0847 outside of North America, and giving the access code 5581807.

About Schlumberger

Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. With product sales and services in more than 120 countries and employing approximately 105,000 people who represent over 140 nationalities, Schlumberger supplies the industry’s most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.

Schlumberger Limited has executive offices in Paris, Houston, London, and The Hague, and reported revenues of $32.82 billion in 2018. For more information, visit www.slb.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191206005411/en/

Contacts

Simon Farrant – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited

Office +1 (713) 375-3535
investor-relations@slb.com


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Citi Private Bank Issues Outlook 2020: Global Growth Can Endure Over the Coming Year

 Citi Private Bank releases its investment themes for 2020

NEW YORK-Monday 9 December 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Citi Private Bank today released its Outlook report for 2020, titled, “Staying Positive in a Negative (Yielding) World.” The twice-yearly publication provides in-depth insights into the global economy and financial markets for the coming year, and highlights important multi-year investment themes for client portfolios.

The report highlights Citi Private Bank’s view that global economic growth can endure through 2020 given expectations that corporate earnings will continue to grow at a solid pace; global equities may continue to rise higher; and with global fixed income yields at record lows, they anticipate the sector will continue to struggle in 2020.

“The year ahead promises to be an eventful year for investors,” said David Bailin, Chief Investment Officer, Citi Private Bank. “Our Outlook 2020 cuts through the noise and focuses on what really matters for our clients’ wealth and provides sector recommendations to potentially enhance total return profiles.” He continued, “We believe global growth can continue next year and advise staying fully invested and take notice of unstoppable trends increasingly shaping investments.”

Given the current global context of excessively negative sentiment and negative yields, Citi Private Bank calls for important changes in its Outlook 2020 to build stronger, globally diversified portfolios of different asset classes for positive yield growth. These include a shift in how investors seek portfolio income and sets out two broad investment themes.

First, Citi Private Bank encourages investors to look beyond bonds as they seek income. They advise replacing some bonds with select equities that have a history of earnings and dividend growth; allocating more to value-oriented and cyclical equities, as rates are likely to rise modestly; and for those willing to increase their risk profile, implementing capital markets strategies and private market investments in portfolios.

Citi Private Bank also sets out “unstoppable trends” – major, long-term forces that it expects will shape the world economy over the coming years and will endure whatever happens to the economy. These three trends are the pressing need for cybersecurity to protect our increasingly digital lives, innovative technology that will revolutionize the financial services industry and the shift towards cleaner, more sustainable sources of energy.

The full report, a summary version, short videos, and other materials can be accessed via the Citi Private Bank website here.

About Citi Private Bank:

Citi Private Bank is one of the world’s fastest growing private banks; dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders. With approximately $460 billion in global assets under management, the franchise includes 48 offices, serving clients across 116 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, preserve legacies, and serve family and family business needs through objective advice and a truly open architecture investment platform. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191205005749/en/

Contacts

Media:
North America: Patricia Tuma
+1 212 793 7682
patricia.tuma@citi.com

EMEA: Belinda Marks
+44 20 7508 3082
belinda.marks@citi.com

APAC: Godwin Chellam
+852 2868-7682
godwin.chellam@citi.com

LATAM: Alex Ravinet
+1 305 420 4292
alexandra.ravinet@citi.com

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GEZE Expands Its Revolving Door Portfolio

Dubai, United Arab Emirates-Monday 9 December 2019 [ AETOS Wire ]

GEZE has expanded its revolving doors product portfolio in many ways. This product portfolio now offers the optimal solution for every building type and all entrance situations. Revolving doors from GEZE are individually customized for each project, and specially manufactured to the customer's specifications.

The entrance area is the face of the building and thus of the enterprise. A positive visual impression is confirmed by the faultless functioning of the door system in every situation, for example in case of high access frequency. GEZE revolving doors meet these demands, and impress building investors and planners as well as operators and users.

Since the beginning of August, the newly-developed portfolio has been available in selected markets through three special models. The TSA 395 door model has a very powerful drive and can be used up to a diameter of 6000 mm. The TSA 395 Multi variant also includes an integrated double leaf sliding door (ECdrive) and so enables multifunctional use. The TSA 355 basic model is characterized by an attractive price/performance ratio, and completes the portfolio.

Revolving doors offer good protection against energy loss and draughts as they are open and closed at the same time. By eliminating draught in the entrance area, the immediate environment can be used commercially, while noise, dust and dirt are kept out. The clear spatial separation between the interior and exterior, as w ell as the energy savings, offer significant cost advantages and make the use of revolving doors even more advantageous.



ABOUT GEZE

GEZE is one of the leaders on the market and is a reliable partner worldwide for door, window and safety technology products and systems. No matter what the requirements of the building are – GEZE realizes optimum solutions and combines functionality and security with comfort and design. GEZE door closers open up numerous technical and visual options. Every day millions of people go through doors equipped with the overhead door closers from the TS 5000 series and enjoy the barrier-free convenience of automatic door systems, e.g. the Slimdrive and Powerturn lines. The integrated all-glass design systems are pure aesthetics. GEZE also has a wide product range for window and ventilation technology. Complete "intelligent" smoke and heat exhaust solutions (RWA) and a comprehensive selection of door systems for RWA air supply solutions are also available for preventative fire protection. GEZE's safety technology includes escape and rescue route solutions, locks technology and access control systems. With system expertise, GEZE creates coordinated system solutions that combine individual functions and security requirements in one intelligent system. The latest innovations are the new building automation system GEZE Cockpit and interface modules for integrating GEZE products into networking solutions which turn buildings into Smart Buildings. GEZE product solutions have received numerous awards and can be found in renowned structures all over the world. The company is represented by 31 subsidiaries, 27 of which are abroad, a flexible and highly efficient distribution and service network and more than 3,000 employees worldwide and generates group revenue of EUR 448 million.   www.geze.com

Contacts

Reem Ahmad, +97144541434

r.ahmad@geze.com





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