In our December 2016 issue, we told the story of how fintech firm Estimize has attempted to replicate a successful market model, where hedge funds got sell-side analysts to rank stocks within a sector to produce more accurate forecasts.
The EC yesterday formally blocked the proposed merger between London Stock Exchange Group and Deutsche Boerse AG-Tender. This was expected. The EC is expected to publish a more detailed decision at a later date. London Stock Exchange Group also announced a £200 million buyback program.