Cadence Unlocking Private Credit With Launch of Dutch Auction System
Argo Group International Holdings, Ltd. (ARGO)
Last argo group international holdings, ltd. earnings: 2/24 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.argolimited.com
Company Research
Source: PR Newswire
NEW YORK, April 8, 2020 /PRNewswire/ -- On the heels of unprecedented market volatility, Cadence Group, Inc., a leading fintech securitization platform, announced it has launched a Dutch auction for new investments made available on its platform. This auction system, utilized by U.S. Treasuries and other institutional debt markets, allows investors and originators to determine a market-clearing APY that's desirable for all parties. With the Dutch auction, Cadence is unlocking the private credit market by helping rebalance the risk-reward equation.The auction system adds yet another layer of transparency to Cadence's platform, giving investors a direct channel to voice their risk tolerance levels, while ensuring loan originators are given more clarity around the bookbuilding process. "We believe that in periods of heightened volatility as we've witnessed recently, a platform that promotes the value of transparency must step up and introduce innovative concepts that push the private cre
Show less
Read more
Impact Snapshot
Event Time:
ARGO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ARGO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ARGO alerts
High impacting Argo Group International Holdings, Ltd. news events
Weekly update
A roundup of the hottest topics