Jefferies

Alternative Data

The Sell Side of Alternative Data

Chris Randle
February 27, 2018
Research is considered a very important part of the value-added by portfolio managers. Huge costs of structuring a research department require most firms to buy research from the sell side (investment banks and brokers). In-house research teams also like to supplement their research with alternative views from the sell side.

Jefferies in discussions to sell its commodities and financial derivatives brokerage

Bernardo Mariano
December 17, 2014
Jefferies is in discussions to sell its commodities and financial derivatives brokerage, which has been dealing with high costs and falling fees, Reuters reported.

Jefferies exits metals trading on LME floor after 14 months

Agnieszka Troszkiewicz and Maria Kolesnikova, Bloomberg
November 25, 2013
Jefferies Group Inc., which said last year it wanted to be among the top five brokers on the London Metal Exchange, stopped trading on the floor of the world’s biggest industrial-metals marketplace after 14 months.

Jefferies profit beats estimates as trading revenue surges

Laura Marcinek, Bloomberg
December 18, 2012
Jefferies Group Inc., the investment bank that agreed to be acquired by Leucadia National Corp., said fiscal fourth-quarter profit rose 48 percent, beating analysts’ estimates, as trading revenue surged.

U.S. stocks erase gains as finance chiefs meet on Greece aid

Nikolaj Gammeltoft and Alexis Xydias, Bloomberg
November 12, 2012
U.S. stocks erased gains, failing to rebound after the Standard & Poor’s 500 Index’s biggest weekly retreat since June, as investors awaited budget talks in Washington and European finance chiefs met to discuss Greek aid.

Jefferies agrees to sell itself to Leucadia in $2.8 billion deal

Laura Marcinek, Bloomberg
November 12, 2012
Jefferies Group Inc. agreed to be acquired by its biggest shareholder, Leucadia National Corp., in a $2.8 billion deal the companies said would make the investment bank better able to weather market turmoil.

Jefferies shares fall as profit excluding Knight misses estimate

Laura Marcinek, Bloomberg
September 20, 2012
Jefferies Group Inc., the investment bank that helped rescue Knight Capital Group Inc., dropped the most in eight months in New York trading after reporting earnings that fell short of analysts’ estimates excluding gains from the deal.

Jefferies to acquire Prudential Bache futures business

Press Release
April 7, 2011
The acquisition includes Prudential Bache Commodities LLC, which was the 12th largest futures broker in 2010 based on customer segregated funds.

Blanc moves to Jefferies

Michael J. McFarlin
October 31, 2010
New employees and promotions in the trading industry