Spatial Arbitrage – Louth Online http://louthonline.com/ Mon, 17 Jan 2022 00:53:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://louthonline.com/wp-content/uploads/2021/03/louthonline-icon-70x70.png Spatial Arbitrage – Louth Online http://louthonline.com/ 32 32 Chamath Palihapitiya and other SPACs to watch http://louthonline.com/chamath-palihapitiya-and-other-spacs-to-watch/ Thu, 13 Jan 2022 01:36:23 +0000 http://louthonline.com/chamath-palihapitiya-and-other-spacs-to-watch/
  • SPACs have been volatile in 2021, with frantic activity at the start of the year followed by a significant slowdown.
  • SPAC shares often skyrocket once a merger or acquisition is announced, generating significant returns for the retail investors who own the stock.
  • Insider caught up with 3 SPAC market experts, who shared their outlook for 2022.

The dark before


after-sales service

The market made headlines last year, with more than 600 blank check companies listed on the stock exchange, up from 248 in 2020.

Almost half of them occurred in the first quarter, before a prolonged decline in activity. But there were glimmers of hope for a rebound in the fourth quarter after news of a potential “SPAC meme” merger between DWAC and Donald Trump’s new media startup brought retail investors back into the fray. space.

A SPAC, or Special Purpose Acquisition Company, raises money through an IPO and then aims to acquire or merge with another company. These blank check vehicles raised $96 billion in the first quarter of 2021 alone, according to the Harvard Business Review.

Early investment in the right SPAC can generate significant returns, as the company’s stock price will often skyrocket once a potential merger is announced. For example, Churchill Capital Corporation IV saw its shares soar 7% in a single day in July after shareholders approved SPAC’s merger with electric vehicle maker Lucid Motors.

“The market is moving fast, and it’s swinging between super hot and frosty feelings,” SPAC arbitrage investor Julian Klymochko, whose firm Accelerate Financial Technologies runs an actively managed SPAC ETF, told Insider in a recent interview. “It’s quite manic-depressive – you can go from a frenzy to a


bear market

very quickly.”

Insider asked Klymochko and two other SPAC experts about their expectations for 2022. Klymochko also shared 18 publicly traded blank check companies that could rise this year if they announce suitable acquisitions.

Investment outlook 2022

Klymochko said better trade execution could be an important theme for the SPAC market in 2022. One of the risks of investing in these vehicles is that they may not be able to find business appropriate to target – and after two years of listing on the stock exchange, these unsuccessful SPACs must return all their funds to investors.

“2022 has to be a year of execution — we have to see business combinations,” Klymochko told Insider. “If we don’t see high-quality mergers, all of this will have been for naught.”

Kristi Marvin, who founded the industry research firm SPAC Insider, fears SPACs could struggle this year if the sell-off in tech stocks continues. Blank check companies tend to see higher growth companies as attractive acquisition targets.

“The macro environment is weighing on the stock market as a whole,” she told Insider in a recent interview. “For SPACs, which tend to combine with growth or technology companies, this is going to be even more pronounced and burden an already overly competitive field.”

But Enrique Abeyta, an executive at famed investor Whitney Tilson, Empire Financial Research, shrugged off concerns about spinning from growth to value. He told Insider that the SPAC market struggles in the second half of 2021 created an opportunity for investors to “buy the dip” in blank check companies this year.

“Last year, the excitement flared up exceptionally, retail investors flooded in, and then the market went from boiling to cold very quickly,” Abeyta said. “But now SPACs are trading at incredible valuations because the SPAC brand itself is a bit tainted.”

PSPC to watch

“High-quality SPAC sponsors have a clear advantage – they have pipeline investors who will back them because of who they are, and that means they can have legitimate conversations with companies looking to sign up,” Abeyta added. “That’s why retail investors should look for household names.”

Marvin told Insider that these types of SPAC sponsors can often draw on significant experience during the difficult merger process, improving their ability to execute deals.

“If you’re buying a SPAC that hasn’t announced a deal yet, you want to do some due diligence with the sponsor team,” she said. “If a team was previously able to navigate the SPAC process, it will have an advantage over other teams.”

Klymochko agreed that it is crucial for retail investors to prioritize investing in blue chip SPAC sponsors. It highlighted 18 SPACs from four sponsors – Churchill Capital, FTAC Ventures, the Gores Group and Social Capital.

Churchill Capital featured in one of the major SPAC market stories last year when its fourth fund launched Lucid (LCID) in the market. Its current blank check offerings trade under the symbols CCV, CCVI and CCVII.

Industry veteran Betsy Z. Cohen has been sponsoring fintech SPACs since 2015. She is currently president of three blank check companies – FTAC Athena, FTAC Hera and FTAC Parnassus.

Private equity firm Gores has closed $36 billion in SPAC deals to date, including bringing 3D spatial data company Matterport and premium electric vehicle maker Polestar to market. It currently sponsors six SPACs – GSEV, GIIX, GTPA, GTPB, GGPI and GMII.

Social Capital founder Chamath Palihapitya is one of the most prominent names in the SPAC industry. IPOF, as SPAC to watch.

“Those are the four main sponsors that I had suggested,” he told Insider. “Top sponsors are always worth following, and these four have all been successful in the past and have multiple SPACs listed at the moment.”

]]> Matterport Inc (NASDAQ: MTTR) Based on average analyst recommendation of ‘Buy’ http://louthonline.com/matterport-inc-nasdaq-mttr-based-on-average-analyst-recommendation-of-buy/ Mon, 03 Jan 2022 19:22:44 +0000 http://louthonline.com/matterport-inc-nasdaq-mttr-based-on-average-analyst-recommendation-of-buy/

Matterport Inc (NASDAQ: MTTR) has obtained a consensus recommendation to “Buy” from the six rating companies currently hedging the stock, reports MarketBeat Ratings. One equity research analyst rated the stock with a conservation rating and five gave the company a buy rating. The one-year average price target among brokers who reported on the stock in the past year is $ 27.40.

A number of analysts recently commented on the company. Credit Suisse Group raised its price target on Matterport from $ 25.00 to $ 34.00 and gave the stock an “outperformance” rating in a research report published on Tuesday, November 23. They noted that the move was an appraisal call. Zacks investment research upgraded Matterport from a “sell” note to a “conservation” note in a research note on Thursday, November 11. Piper Sandler raised her price target on Matterport from $ 18.00 to $ 20.00 and gave the company an “overweight” rating in a Friday September 10 research note. Berenberg Bank began covering Matterport in a research report on Wednesday, September 29. They set a “buy” rating and a target price of $ 25.00 for the stock. Finally, Wedbush raised its price target on Matterport from $ 30.00 to $ 38.00 and gave the stock an “outperformance” rating in a report released on Tuesday, November 30.

A number of institutional investors and hedge funds have recently changed their positions in MTTR. Foundations Investment Advisors LLC acquired a new stake in Matterport shares in the third quarter valued at approximately $ 373,000. Exchange Traded Concepts LLC purchased a new equity interest in Matterport during the third quarter valued at approximately $ 2,005,000. Belvedere Trading LLC purchased a new equity interest in Matterport during the third quarter valued at approximately $ 331,000. Kestra Advisory Services LLC purchased a new stake in Matterport shares in the third quarter valued at approximately $ 633,000. Finally, Exos Asset Management LLC purchased a new stake in Matterport shares in the third quarter valued at approximately $ 211,000. Hedge funds and other institutional investors hold 14.93% of the company’s shares.

MTTR action opened at $ 20.64 on Monday. The 50-day moving average share price is $ 24.22. Matterport has a fifty-two week minimum of $ 10.45 and a fifty-two week maximum of $ 37.60.

Matterport (NASDAQ: MTTR) last released its quarterly earnings data on Wednesday, November 3. The company reported ($ 0.20) earnings per share for the quarter, beating Thomson Reuters consensus estimate ($ 0.22) by $ 0.02. The company posted revenue of $ 27.66 million in the quarter, compared to analysts’ estimates of $ 29.20 million. As a group, analysts expect Matterport to post -0.25 EPS for the current fiscal year.

About Matterport

Matterport Inc is a spatial data company driving the digital transformation of the built world. Matterport Inc, formerly known as Gores Holdings VI, is based in SUNNYVALE, California.

See also: Hedge Funds – How They Work for Investors

Analyst Recommendations for Matterport (NASDAQ: MTTR)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

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Zacks: Brokerages Anticipates NanoString Technologies, Inc. (NASDAQ: NSTG) To Show Quarterly Sales Of $ 40.54 Million http://louthonline.com/zacks-brokerages-anticipates-nanostring-technologies-inc-nasdaq-nstg-to-show-quarterly-sales-of-40-54-million/ Mon, 27 Dec 2021 01:15:33 +0000 http://louthonline.com/zacks-brokerages-anticipates-nanostring-technologies-inc-nasdaq-nstg-to-show-quarterly-sales-of-40-54-million/

Wall Street brokers expect NanoString Technologies, Inc. (NASDAQ: NSTG) to report $ 40.54 million in sales for the current fiscal quarter, according to Zack. Two analysts have estimated the earnings of NanoString Technologies. The lowest sales estimate is $ 38.98 million and the highest is $ 42.10 million. NanoString Technologies reported sales of $ 36.26 million in the same quarter last year, suggesting a positive year-over-year growth rate of 11.8%. The company is expected to publish its next results on Monday, March 7.

According to Zacks, analysts expect NanoString Technologies to report annual sales of $ 143.38 million for the current year, with estimates ranging from $ 141.57 million to $ 144.80 million. For next year, analysts predict the company will post sales of $ 182.99 million, with estimates ranging from $ 179.55 million to $ 185.40 million. Zacks Investment Research sales calculations are an average based on a survey of analysts who cover NanoString technologies.

NanoString Technologies (NASDAQ: NSTG) last released its quarterly earnings data on Tuesday, November 9. The biotech company reported ($ 0.69) earnings per share (EPS) for the quarter, missing analyst consensus estimates of ($ 0.53) by ($ 0.16). The company posted revenue of $ 37.15 million in the quarter, compared to $ 37.35 million expected by analysts. NanoString Technologies had a negative net margin of 78.48% and a negative return on equity of 45.31%. In the same quarter of the previous year, the company posted ($ 0.56) EPS.

Several brokerage firms have published reports on NSTG. Zacks investment research downgraded NanoString Technologies shares from a “hold” rating to a “sell” rating in a report released on Wednesday, October 20. Robert W. Baird reduced his target price on NanoString Technologies shares from $ 71.00 to $ 60.00 and established an “outperformance” rating for the company in a report released on Wednesday, November 10. Finally, Cowen lowered his target price on NanoString Technologies shares from $ 75 to $ 65 and set an “outperformance” rating for the company in a report released Thursday, October 14. One analyst assigned a sell rating to the stock, another assigned a conservation rating, and three assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $ 70.60.

NASDAQ: NSTG opened at $ 41.79 on Friday. NanoString Technologies has a one-year minimum of $ 35.24 and a one-year maximum of $ 86.42. The company has a debt to equity ratio of 1.13, a current ratio of 10.03 and a rapid ratio of 9.33. The company’s 50-day simple moving average is $ 43.70 and its 200-day simple moving average is $ 52.40. The company has a market cap of $ 1.91 billion, a P / E ratio of -17.13 and a beta of 1.74.

In other news, CEO R Bradley Gray sold 25,000 shares of the company in a transaction that took place on Wednesday, November 10. The shares were sold at an average price of $ 46.29, for a total trade of $ 1,157,250.00. The transaction has been disclosed in a legal file with the Securities & Exchange Commission, which is available through this hyperlink. Also, financial director Thomas bailey sold 7,843 shares of the company in a transaction that took place on Wednesday, November 17. The shares were sold at an average price of $ 46.74, for a total trade of $ 366,581.82. Disclosure of this sale can be found here. 2.80% of the shares are held by insiders.

A number of hedge funds have recently changed their positions in the company. Jefferies Group LLC purchased a new stake in NanoString Technologies during the third quarter for a value of approximately $ 3,601,000. Bank of New York Mellon Corp increased its stake in NanoString Technologies by 4.7% during the third quarter. Bank of New York Mellon Corp now owns 297,003 shares of the biotech company valued at $ 14,259,000 after purchasing an additional 13,205 shares in the last quarter. Altium Capital Management LP increased its stake in NanoString Technologies by 19.3% during the third quarter. Altium Capital Management LP now owns 65,000 shares of the biotech company valued at $ 3,218,000 after purchasing an additional 10,500 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in NanoString Technologies by 383.0% during the third quarter. BNP Paribas Arbitrage SA now owns 8,187 shares of the biotechnology company valued at $ 393,000 after purchasing an additional 6,492 shares during the last quarter. Finally, Jane Street Group LLC strengthened its position in NanoString Technologies shares by 209.8% in the third quarter. Jane Street Group LLC now owns 15,031 shares of the biotech company valued at $ 722,000 after purchasing an additional 10,179 shares during the period.

About NanoString technologies

NanoString Technologies, Inc. engages in the development and commercialization of instruments and services for the profiling of genes and proteins from tissue samples. It offers the GeoMx Digital Spatial Profiler and nCounter Analysis System product platforms, both of which include instruments, associated consumables, and software.

Featured Story: Trustee

Get a Free Copy of Zacks’ NanoString Technologies (NSTG) Research Report

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in NanoString technologies now?

Before you consider NanoString technologies, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and NanoString Technologies was not on the list.

While NanoString Technologies currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

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Here’s how to make low risk gains, learn trading strategies and more http://louthonline.com/heres-how-to-make-low-risk-gains-learn-trading-strategies-and-more/ Wed, 24 Nov 2021 07:23:00 +0000 http://louthonline.com/heres-how-to-make-low-risk-gains-learn-trading-strategies-and-more/

Arbitrage opportunities are becoming more and more prevalent in the crypto industry and offer traders an attractive way to maximize their earnings with comparatively less risk. Cryptocurrency arbitrage is a type of trading strategy where investors exploit most of the slight price differentials of a digital asset across multiple markets or exchanges. Simply put, crypto arbitrage trading involves buying a digital asset on one exchange and simultaneously selling it on another where the price is higher.

This helps to make profits through a process that had limited risks. The other advantage of this strategy is that you don’t have to be a professional investor with an expensive setup to start arbitrage trading.

What is arbitrage trading?

The crypto market is known to be very volatile compared to other financial markets. There seems to be more hype around the potential for arbitrage opportunities in the crypto scene. The prices of crypto assets tend to deviate significantly over a period of time. As they are traded on hundreds of exchanges around the world 24/7, there are many more opportunities for arbitrage traders to find profitable price spreads.

All traders need to do is spot a difference in the price of a digital asset on two or more exchanges and complete a series of trades to take advantage of the difference.

Why is cryptocurrency arbitrage considered a low risk strategy?

Unlike day traders, crypto arbitrage traders do not have to predict the future prices of bitcoin and other cryptos. They also do not enter into transactions that could take hours or days to generate a profit. By spotting and capitalizing on arbitrage opportunities, traders expect a fixed profit without necessarily having to analyze the market or use other predictive pricing strategies. Additionally, depending on the resources available, traders can enter and exit an arbitrage trade within seconds or minutes.

Types of arbitration

  • Spatial Arbitrage: This type of arbitrage involves buying crypto on one exchange and immediately selling it on another.
  • Convergence Arbitrage: Here a trader buys coins bought on one exchange and sells them on another exchange. The objective is to see the two prices converge, that is to say when the trader closes the two positions.
  • Triangular Arbitrage: This complicated strategy involves trading on multiple trading pairs.

Center for banning private cryptocurrencies

Currently, the cryptocurrency market in India has suffered from volatility on Tuesday, following reports that an anti-crypto bill could be introduced later in the winter session of parliament. The central government is expected to present “the Cryptocurrency and Official Digital Currency Regulation Bill, 2021” during the winter session of Parliament, which will restrict the use of most cryptocurrencies, except for a few. As of this morning, all major cryptocurrencies had fallen 15% or more, with Bitcoin down over 17%, Ethereum down nearly 15%, and Tether nearly 18%.


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Why the biggest winner is not the founder of Paytm but the investor Alibaba, Telecom News, ET Telecom http://louthonline.com/why-the-biggest-winner-is-not-the-founder-of-paytm-but-the-investor-alibaba-telecom-news-et-telecom/ Fri, 29 Oct 2021 07:00:00 +0000 http://louthonline.com/why-the-biggest-winner-is-not-the-founder-of-paytm-but-the-investor-alibaba-telecom-news-et-telecom/

NEW DELHI: One97 Communications, the owner of Paytm, which is India’s leading digital ecosystem with over 317 million users, is set to present an Initial Public Offering (IPO) on November 8, valuing the company between $ 19.3 billion and $ 19.9 billion. Paytm was last valued at $ 16 billion in 2019 when it raised $ 1 billion from investors. The company plans to raise Rs 18,300 crore ($ 2.4 billion). It would be India’s largest IPO to date, surpassing Coal India’s public issue of 15,745 crore raised in October 2010.

Paytm is currently India’s leading digital ecosystem for consumers and merchants, with over 337 million registered consumers and over 21.8 million registered merchants as of June 30, according to a report by management consulting firm Redseer. The company has increased the size of its IPO by Rs 1,700 crore from the previous estimate of Rs 16,600 crore as existing shareholders, including Alibaba’s Ant Financial and Softbank, want to sell more shares.

What is the plan?
Paytm wants to increase Rs 8,300 crore through new issues, and the remaining Rs 10,000 crore through an offer to sell (OFS) from the company’s existing stakeholders. 75 percent will be reserved for Qualified Institutional Buyers (QIB), 15 percent for Non-Institutional Investors (NII) and the remaining 10 percent for retail investors during issuance.

About half of the offer to sell is made by Ant Financial and the rest by Alibaba, Elevation Capital, Softbank and other existing shareholders.

Paytm’s red herring prospectus data shows founder Vijay Shekhar Sharma to sell shares worth Rs 402 crore ($ 53 million), but the biggest winner will be investor Alibaba since its subsidiaries – ANT Group and Alibaba.com – will sell shares worth Rs 5,488 crore ($ 733 million) in total. While Ant Group will sell shares worth Rs 4,700 crore, Alibaba.com will sell shares worth Rs 784.8 crore. Note: Ant Group owns a little more than 29% of One97 Communications and will have to reduce its stake below 25%, while Alibaba holds 7.2% of the capital. The collective amount represents almost 30% of the size of Paytm’s IPO. In accordance with Sebi regulations, no entity can hold more than 25% in a “professionally managed company”.

SoftBank, which owns 19.6%, will sell shares worth Rs 1,689 crore, while Elevation Capital, which owns 17.2% of the capital, will sell shares worth Rs 2,030 crore.

What will the offer be used for?
The company intends to use the funds to strengthen the Paytm ecosystem by acquiring and retaining consumers and merchants, as well as investing in new business initiatives, acquisitions and strategic partnerships. The company will also donate part of the proceeds to its general insurance business Paytm Insurtech (PIT).

But how does PayTm make money?
Paytm started in 2010 as a prepaid mobile top-up platform and then grew into a one-stop destination for all types of bill payments as well as a payment bank. Today, it has three main vertical payment services, commerce and cloud services and financial services, while the app serves as a super app that allows you to make payments, top up your digital wallet , play fantastic sports, shop online, buy stocks. and mutual funds, etc.

Redseer’s data shows that Paytm is the country’s largest payment platform with a total gross market value (GMV) of over Rs 4 lakh crore in the past fiscal year. Its share in all mobile payments transactions is 40%, while in the wallet payments segment it reaches a whopping 70%.

For UPI transactions, its market share is only 14%. Currently, PhonePe and Google Pay dominate the UPI market, while Paytm ranks third in terms of total volumes and value.

Where he really makes money is in the peer-to-merchant (P2M) segment. Here he owns a 50% share. Activity grew 33% in one year and the total number of traders tripled from 7 million to over 20 million. Paytm makes money through transaction fees and take rates charged to merchants based on GMV percentage, while also charging customers convenience fees.

There is a Paytm shopping center: sellers are allowed to list and sell their products here for which Paytm charges sellers a commission.

Online top-up service: Paytm charges a 2-3% commission on each top-up.

Invoices: Since Paytm allows customers to pay their bills for water, telephone, rent, electricity, etc., it charges a commission from these service providers

Digital Gold: Paytm has partnered with gold refiner MMTC-PAMP to launch Digital Gold so customers can buy, sell and store gold digitally.

Payment Bank: Paytm allows a customer to open a digital current and savings bank account without a deposit. It gives 4% interest on savings account deposits and an overdraft facility for the current account. Paytm makes money through cross-selling. He has partnered with other financial institutions and banks to sell their products and services (like insurance, investments, loans, etc.) with his own and earns commissions. There is also an interest arbitrage where Paytm deposits money with other banks / government deposits where the interest rates are higher.

Loans: Through its lending vertical, including Paytm Postpaid, Paytm has disbursed three million loans to date.

Insurance: It has an insurance market with auto, life and health insurance products, as well as policy and claims management services.

Wealth management services: it includes mutual funds, stocks, etc.

Other key activities include money transfer, fraud protection, and cloud businesses.
Paytm became the second largest booking platform in India last year selling movie tickets on 5,700 screens. Paytm charges merchant transaction fees and consumer convenience fees.

Brokerage Perspective: Should You Invest In The IPO?
Most analysts believe that if one is considering investing in Paytm then one needs to track how Paytm will monetize its existing customer base and its path to profitability.

Paytm would be comforted by the 38X response to Zomato’s Rs 9,375cr IPO, with very strong institutional demand. Institutional appetite should also be robust in Paytm’s IPO. The real crux will be how Paytm will leverage the benefits of owning the complete digital ecosystem including digital currency, payment systems, online commerce and money transfers. That will be the post-IPO challenge, “said the IIFL brokerage firm in a note.

According to Yes Securities, valuation will always be an important aspect to consider, while Aswath Damodaran, professor of finance at the Stern School of Business, NYU said that “investing in a business when Paytm bet depends a lot more. management that determines a way to grow, while improving catch rates at the same time. “


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Jennifer Tully, Gowling WLG – Lawyer Talent Festival http://louthonline.com/jennifer-tully-gowling-wlg-lawyer-talent-festival/ http://louthonline.com/jennifer-tully-gowling-wlg-lawyer-talent-festival/#respond Thu, 28 Oct 2021 08:00:10 +0000 http://louthonline.com/jennifer-tully-gowling-wlg-lawyer-talent-festival/

Gowling WLG has advised property developer Thakeham Homes on their land assembly project for a new zero carbon community in South Cambridgeshire.

The development will include 25,000 new housing units, including affordable housing, as well as significant infrastructure and a wide range of community amenities, all of which require expert advice.

The transaction was led by real estate duo Richard Bate, who heads the Gowling real estate group and specializes in residential development, and senior senior partner Jennifer Tully.

Tully trained at Wragge Lawrence Graham, joined the Birmingham office in September 2014 and then qualified in London. As an intern, she worked with Nisha Jassal and Robert Caddick. One of the pillars of his role within the Jassal team was to support the team advising Castlepoint LP on all aspects of the Castlepoint Business Park in Bournemouth, a major development on a 41 acre site with 30 sales units by retail.

Tully Jennifer, Gowling WLG
Tully Jennifer, Gowling WLG

Tully spent six months on secondment to Transport for London (TfL) in the property and planning team, a highlight being an on-site visit to Shoreditch with the former mayor and our current Prime Minister, Boris Johnson. She then worked with Giles Clifford, TfL’s client partner, when they selected 13 real estate partners to help deliver thousands of additional homes in London.

Since qualifying, she has well and truly settled into Bate’s homebuilding team, learning from him and now leading her own strategic and instant land deals.

“The majority of my job is to assemble and dispose of strategic land for major home builders and real estate developers PLC. I also do a lot of instant land acquisitions for our homebuilder clients on the basis of town planning agreements, and often with elements of overrun, ”she says.

“I like to be involved in a client’s project from its inception and help them gain land and implement the planning permission for future towns and villages that are so badly needed. The altruist in me likes to think that I also play a role (albeit a very minor one) in helping to provide much needed new housing. My inner nerd especially enjoys drafting and negotiating the intricacies of overtaking acts, but I think I’m in the minority there. For me, at the end of the day, it’s all about the customer relationship. I really enjoy working with a lot of brilliant people, which is a real privilege.

Tully says the Thakeham deal particularly stands out for two reasons. “First, the fact that this is a genuinely new and innovative transaction structure, something quite rare these days. Second, the scale of what we and the customer aspire to offer “This deal is the foundation for literally a new city. Which is expected to initially lead to 25,000 zero-carbon homes, but will encompass a range of mixed-uses, including the UK’s Silicon Valley. The job is to” such a magnitude that it even entered Rishi Sunak’s 2021 budget, ”she said.

“There was obviously a huge amount of technical knowledge that I got out of it. But what really stood out to me was how important it is for everyone (clients, lawyers and agents, landowners and developers) to work collaboratively and effectively in partnership, to achieve complex goals but in their common collective interest. To achieve what we and Thakeham set out to do, it took technical legal ingenuity, the courage of the commercial developers, and a lot of hard work over a long period of time. It doesn’t end on the day of the trade. On the contrary, the interests of the parties will be aligned for at least the next decade, and probably much longer. We all had to work well together to get something out of the deal. It was therefore much more than a legal innovation – there were important personal aspects / challenges and long-term relationships to deal with in the heat of a complex negotiation. “

Technically, Tully argues that the business, financial and fiscal implications of providing infrastructure and the equitable distribution of values ​​among owners with very different land uses were particularly difficult.

For example, there was a need to perform market testing (to generate optimal but site-specific values ​​for landowners) while creating mixed balanced assessments to get all parties to act in the best interests of the regime (rather than in their own). “Our solution of combining options with land promotion through a developer arbitration mechanism is – in our opinion – unique and has been blessed by one of the UK’s leading tax QCs,” she says.

Next, it was necessary to prevent owners from unintentionally becoming land traders and incurring income rather than capital tax consequences, resolved by the infrastructure provision schedule and complex tailor-made security forecast. . “It was really a revolutionary thing,” she says. “It is of national significance because of its scale and focus on sustainability in a context of acute housing shortage. I am really proud to have been part of the team that worked on the case. This is without a doubt a defining deal for the career to date. I think the structure may well become a model for future large-scale strategic land deals. “

As part of the fall 2020 budget, the government pledged to develop a spatial framework for the Oxford-Cambridge arc to support economic growth and make the region a great place to live. The region is home to a unique business, science and technology ecosystem and is considered the perfect place to create the British version of Silicon Valley.

With the UK aiming to become a global leader in sustainability and net zero, housing has quickly become one of the targeted areas for improvement. Thakeham’s goal is to create the UK’s first net zero carbon community on this scale, creating a new town and series of connected villages in South Cambridgeshire using their cutting edge principles for creating places to zero carbon.

The developer aims to provide up to 10,000 affordable housing, new sports, health, school and educational facilities while ensuring a net gain in biodiversity of at least 20%. The community would create a healthy, high-quality sustainable environment with a strong economic focus and ultimately provide a comprehensive plan for future life.

As part of the South Cambridgeshire site assembly, Gowling WLG created a framework for how the different parts work together to bring this development to life. This secured the land while maximizing development potential and representing the best value for the land to ensure there was equalization throughout the project so that no landowner wasted costs. and in profits.

The new structural agreement combined the best parts of a typical promotion / option agreement to ensure that no part was lost in development. Not only was this an innovative approach from a residential construction point of view, but it also required new thinking to put in place the legal framework for on-site assembly. The framework is expected to shape future agreements where separately owned land is “sawn” together and will shape future housing developments across the country.

Since then, Tully has worked on several more strategic land deals. “A recent deal was a £ 17million purchase for a PLC homebuilder in Buckinghamshire, with four different types of overruns, which is expected to obtain planning consent for more than 700 homes and ancillary infrastructure,” she says .

Of course, as was the case with all of this year’s nominees, the Thakeham deal unfolded under cloud covid-19. Tully and the rest of the team worked from home and everything was done over the Internet. “I really missed human interaction. Zoom is all well and good, but being able to discuss something in person is unbeatable, ”she admits. “That said, I find that I do more at home, especially without travel. So, I was probably more productive, but rather more discouraged! I also saved a lot of paper compared to working in an office, which can only be a good thing ”.

Going forward, she has no illusions that many of the working practices related to the pandemic will remain to some extent. “I think now it’s about finding a balance that works for everyone,” she says. “I don’t think Zoom or Teams is going anywhere fast, so I expect this will always replace face-to-face meetings to some extent.”

Additionally, she says the pandemic has heightened her awareness of the value of being part of a strong team. “We all experienced the pandemic differently, and it was really difficult for a lot of people. We all bring something different to the table, so one day when I might not have shot all the cylinders (we all have these days!), I knew I had a brilliant group of people out there to. talk, and who to lean on, and vice versa. The pandemic has truly shown that as a team we are stronger than the sum of our parts. “

Who is who: the Gowling WLG team

Main partner: Richard bate

Discover other real estate teams in The Lawyer Awards Festival of Talent

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Reforms needed to deal with the power crisis http://louthonline.com/reforms-needed-to-deal-with-the-power-crisis/ http://louthonline.com/reforms-needed-to-deal-with-the-power-crisis/#respond Mon, 25 Oct 2021 15:08:59 +0000 http://louthonline.com/reforms-needed-to-deal-with-the-power-crisis/

India is currently reeling from an unprecedented energy crisis triggered by massive disruptions in the supply of coal to power plants, especially in the north and east of the country. The situation threatens to offset the green shoots of economic recovery exhibited in recent times.

Factors on both the supply and demand side have contributed to the current crisis. First, coal-fired power plants have failed to maintain minimum coal reserves equivalent to 15 to 30 days of consumable coal. They continued to tap into existing coal reserves until recently without replenishing themselves, partly because of reduced supply (due to non-payment of overdue contributions by some states) and partly due to lower imports (due to high international coal prices).

Second, which appears to be a consequence of global climate change, erratic rainfall in India has resulted in the flooding of coal pits during the dry season this year, significantly disrupting the supply of coal.

Third, India’s post-pandemic economic recovery has increased demand for resources, especially electricity. From August to September 2021, energy consumption jumped by more than 10% compared to the same period in 2019 (the previous “normal” year).

Fourth, on a more fundamental level, the poor performance of coal-fired power plants has precipitated the current crisis. A recent study by the Energy, Environment and Water Council (CEEW) found that the net thermal efficiency of coal-fired power plants in India is only 29.7%, which is significantly below the weighted world average of 37%.

The current crisis underscores the need to assess the acute and chronic challenges plaguing the electricity sector and provides an opportunity to implement critical and forward-looking reforms. In this regard, the following points deserve attention.

First, urgent attention is needed to close the massive deficit in energy production from non-renewable sources. As a signatory to the Paris Agreement of the UNFCCC and in accordance with the Nationally Determined Contribution (NDC), India intends to increase its total cumulative installed electricity capacity from electricity sources. 40% non-fossil energy by 2030.

The calendar-based target for various renewable sources suggests that the deficit is particularly large for solar power plants.

Solar energy

The latest data from the Ministry of New and Renewable Energy reveals that compared to the target of 60 GW of ground-based solar power plants and 40 GW of rooftop solar power plants by 2022, only around 38.81 GW (around 65 % of target) and 5.5 GW (about 14 percent of target) have been installed respectively so far.

The latest report from the International Renewable Energy Agency suggests that the 10-year decline in the weighted average price of installing solar technology in India is among the highest in the world (88 percent). Still, there is a big gap in the target and actual installation of solar power plants, especially solar roofs.

This calls for more concerted efforts on the part of the government to expand funding options; facilitate the one-stop customs clearance process; and sensitize consumers, primarily rural households, to the benefits of solar for increasing capacity through larger rooftop solar installations.

Second, based on the cheapest first principle (allocation of orders on merit), the current electricity supply policy favors inefficient old power plants, as they get coal at lower tariffs due to old price contracts.

As the CEEW study reveals, adopting an efficiency-based allocation policy instead of just the merit-based allocation policy can improve thermal efficiency by 6% over baseline. , which implies an overall annual reduction in coal consumption of 42 MT for the same quantity of electricity produced. Policymakers should seriously consider the suggestion, as such a change will align our policies with global best practices.

Third, as a recent study by the International Energy Agency shows, with a slow but gradual increase in the share of renewables in the electricity supply portfolio, the time lag between supply and demand for electricity has become more frequent.

In this context, there is an urgent need to design policies related to demand management by introducing hourly tariffs for all sectors so that the demand schedule can be dynamically realigned with peak supply.

Supply management can be done by introducing storage systems to store excess electricity for later use as demand increases. The storage system may be battery-based for behind-the-meter storage at the consumer level; and a combination of storage (including battery, pumped storage, etc.) at the network level, leading to increased system flexibility.

Fourth, India should take the lead in developing a regional electricity market – a position also consistently defended by the Central Electricity Regulatory Commission (CERC).

Cross-border trade

ESCAP studies have shown that cross-border electricity trade in South Asia will lead to lower electricity costs through more efficient use of sub-regional energy resources and price arbitrage between countries. ; reduction of operating costs of cross-border integrated systems; lead to efficiency gains in inputs from a larger scale of production; lower levels of production capacity required due to centralized reserve management; and smooth out variations, both in generation and in load profiles.

The integration of the electricity market must ensure the double advantage of reducing the share of coal-based electricity needs and of responding to regional variations in supply and demand, taking advantage of the differences. temporal and spatial.

As a developing country, India will continue to depend on fossil fuels to meet the growing demands of the economy.

However, the political emphasis on a greater transition to renewable energy, efficiency improvement measures and the promotion of regional cooperation can go a long way in reducing dependence on conventional non-renewable resources, without affecting the demand for energy. the country’s electricity and consumer welfare.

Anand is Executive MBA Student and Nandy is Assistant Professor, IIM Ranchi. Views are personal


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Why Ethereum may outperform Bitcoin in the near future http://louthonline.com/why-ethereum-may-outperform-bitcoin-in-the-near-future/ http://louthonline.com/why-ethereum-may-outperform-bitcoin-in-the-near-future/#respond Fri, 22 Oct 2021 23:03:45 +0000 http://louthonline.com/why-ethereum-may-outperform-bitcoin-in-the-near-future/

There are many ways to make money trading cryptocurrencies, including arbitrage. However, arbitrage is not unique to cryptocurrency. Referees profit from arbitrage even in the traditional financial market. By buying a security on a low-priced exchange and instantly selling it on another higher-priced exchange, a trader can exploit the price difference. Cryptocurrency price differentials on many exchanges provide arbitrage opportunities.

What is arbitration?

Arbitrage is the act of simultaneously buying and selling assets from different markets and exchanges to take advantage of the price differential. The price gap or imbalance is known as the spread. To perform arbitrage, you need to buy an asset from one exchange for a lower price and immediately sell the asset to another exchange for a higher price.

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Crypto arbitrage

Similar to sports arbitrage and fiduciary arbitrage, crypto arbitrage involves buying a crypto asset in an exchange where the price is low and selling it where the price is higher. However, this is just one of the different ways of crypto arbitrage. Traditional fiat currency traders rarely enjoy the benefits of arbitrage. On the other hand, there are several ways for an arbitrageur to benefit from crypto arbitrage.

Large crypto exchanges track the strength of demand and supply to determine the price of an asset. If the demand for a particular asset, say XRP, is low in an exchange, its price will drop in that exchange, but if the demand is high, its price will rise. Most of the smaller exchanges follow the price set in the larger exchanges. If you want to learn how to buy cryptocurrency, read here for more.

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Types of crypto arbitrage

Spatial arbitration

It is the most simplistic form of arbitration. In space arbitrage, you buy a cryptocurrency on one exchange and immediately sell it on another exchange, taking advantage of the price differences between the two exchanges. To take advantage of spatial arbitrage, you need to buy where the price is low and sell where there is a significant rise in price. For example, you can buy 1 Bitcoin at the rate of $ 40,200 from Gemini and sell the same volume of BTC at $ 40,310 on Binance.

Problems with this type of arbitrage include transaction costs on both exchanges and transfer time. You have to be very quick with your transaction, otherwise the price might have increased where you intend to sell.

Triangular arbitration

This involves trading three pairs of cryptocurrencies simultaneously in a single exchange. According to statista, as of October 2021, there are over 6000 cryptocurrencies and you can combine any of them to perform triangular arbitrage, especially the larger ones. For example, you can trade BTC for ETH, ETH for DOT, and DOT for BTC. The problem with triangular arbitrage is that it can be difficult for people new to cryptocurrency trading to be able to compare the price of different assets or know which assets to combine.

If you are confused, multiply the amount you are trading by the exchange rate of the first cryptocurrency pair, then divide it by the exchange rate of the third cryptocurrency pair. If the answer is more than the amount you want to trade, you can make a profit, that is, after deducting the trading costs.

Automated arbitration

Rather than jumping from exchange to exchange and risking technical issues and slippages, using a bot to automatically complete the trade is safer. The high levels of volatility in crypto exchanges can cause the expected price to change and rather than profit from arbitrage, you can suffer a loss. Rather than constantly looking for opportunities, a bot can get the job done automatically and in less time. As soon as there is a slight price change that a crypto trader can benefit from, the bot will profit from it.

Crypto arbitrage robots use algorithms that analyze data and trends, especially coin prices on many exchanges, and then make trades based on the differences observed. A bot is quite an investment and experienced crypto traders take advantage of it rather than sitting around with their computers constantly checking price differences.

To benefit from crypto arbitrage:

Make sure that the fees charged on your transaction are not as high as the profit you are making. For example, if the price differential is $ 20, don’t automatically assume that this is your profit. Take into account the withdrawal and sometimes deposit fees that will be deducted by the exchange. You can also split your crypto assets across multiple exchanges, this will reduce the impact of fees during arbitrage.

As an arbitrageur, time is running out. While waiting for your transaction to be processed, slippages can occur and cause you to lose money. To sell for a higher price on another exchange, you need to develop a fast and efficient arbitrage method and stick to it as the cryptocurrency market is very volatile and might not work in your favor.

Use secure hot wallet exchanges. Most of the centralized cryptocurrency exchanges provide hot wallets for users to hold their assets and they are susceptible to attack by hackers. To protect your money from loss, do proper research on the exchange you want to use. More often than not, if it’s too good to be true, it isn’t.

Conclusion

In cryptocurrency, it is very common to find different exchanges offering the same digital currency at different prices. Profiting from the price imbalance is not without risk. However, if you can do your due diligence, you can benefit greatly from crypto arbitrage.

This article is for information only and does not constitute investment advice.


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How to benefit from Crypto Arbitrage http://louthonline.com/how-to-benefit-from-crypto-arbitrage/ http://louthonline.com/how-to-benefit-from-crypto-arbitrage/#respond Thu, 21 Oct 2021 23:02:59 +0000 http://louthonline.com/how-to-benefit-from-crypto-arbitrage/

There are many ways to make money trading cryptocurrencies, including arbitrage. However, arbitrage is not unique to cryptocurrency. Referees profit from arbitrage even in the traditional financial market. By buying a security on a low-priced exchange and instantly selling it on another higher-priced exchange, a trader can exploit the price difference. Cryptocurrency price differentials on many exchanges provide opportunities for arbitrage.

What is arbitration?

Arbitrage is the act of simultaneously buying and selling assets on different markets and exchanges to profit from the price differential. The price gap or imbalance is known as the spread. To perform arbitrage, you must buy an asset from one exchange for a lower price and immediately sell the asset to another exchange for a higher price.

Advertising

Crypto arbitrage

Similar to sports arbitrage and fiduciary arbitrage, crypto arbitrage involves buying a crypto asset in an exchange where the price is low and selling it where the price is higher. However, this is just one of the different ways of crypto arbitrage. Traditional fiat currency traders rarely enjoy the benefits of arbitrage. On the other hand, there are several ways for an arbitrageur to benefit from crypto arbitrage.

Large crypto exchanges track the strength of demand and supply to determine the price of an asset. If the demand for a particular asset, say XRP, is low in an exchange, its price will drop in that exchange, but if the demand is high, its price will rise. Most of the smaller exchanges follow the price set in the larger exchanges. If you want to learn how to buy cryptocurrency, read here for more.

Advertising

Types of crypto arbitrage

Spatial arbitration

It is the most simplistic form of arbitration. In space arbitrage, you buy a cryptocurrency on one exchange and immediately sell it on another exchange, taking advantage of the price differences between the two exchanges. To take advantage of spatial arbitrage, you need to buy where the price is low and sell where there is a significant rise in price. For example, you can buy 1 Bitcoin at the rate of $ 40,200 from Gemini and sell the same volume of BTC at $ 40,310 on Binance.

Problems with this type of arbitrage include transaction costs on both exchanges and transfer time. You have to be very quick with your transaction, otherwise the price might have increased where you intend to sell.

Triangular arbitration

This involves trading three pairs of cryptocurrencies simultaneously in a single exchange. According to statista, as of October 2021, there are over 6000 cryptocurrencies and you can combine any of them to perform triangular arbitrage, especially the larger ones. For example, you can trade BTC for ETH, ETH for DOT, and DOT for BTC. The problem with triangular arbitrage is that it can be difficult for people new to cryptocurrency trading to be able to compare the price of different assets or know which assets to combine.

If you are confused, multiply the amount you are trading by the exchange rate of the first cryptocurrency pair, then divide it by the exchange rate of the third cryptocurrency pair. If the answer is more than the amount you want to trade, you can make a profit, that is, after deducting the trading costs.

Automated arbitration

Rather than jumping from exchange to exchange and risking technical issues and slippages, using a bot to automatically complete the trade is safer. The high levels of volatility in crypto exchanges can cause the expected price to change and rather than profit from arbitrage, you can suffer a loss. Rather than constantly looking for opportunities, a bot can get the job done automatically and in less time. As soon as there is a slight price change that a crypto trader can benefit from, the bot will profit from it.

Crypto arbitrage robots use algorithms that analyze data and trends, especially coin prices on many exchanges, and then make trades based on the differences observed. A bot is quite an investment and experienced crypto traders take advantage of it rather than sitting around with their computers constantly checking price differences.

To benefit from crypto arbitrage:

Make sure that the fees charged on your transaction are not as high as the profit you are making. For example, if the price differential is $ 20, don’t automatically assume that this is your profit. Take into account the withdrawal and sometimes deposit fees that will be deducted by the exchange. You can also split your crypto assets across multiple exchanges, this will reduce the impact of fees during arbitrage.

As an arbitrageur, time is running out. While waiting for your transaction to be processed, slippages can occur and cause you to lose money. To sell for a higher price on another exchange, you need to develop a fast and efficient arbitrage method and stick to it as the cryptocurrency market is very volatile and might not work in your favor.

Use secure hot wallet exchanges. Most of the centralized cryptocurrency exchanges provide hot wallets for users to keep their assets and they are susceptible to hacker attacks. To protect your money from loss, do proper research on the exchange you want to use. More often than not, if it’s too good to be true, it isn’t.

Conclusion

In cryptocurrency, it is very common to find different exchanges offering the same digital currency at different prices. Profiting from the price imbalance is not without risk. However, if you can do your due diligence, you can benefit greatly from crypto arbitrage.

This article is for information only and does not constitute investment advice.


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3 short-term cryptocurrency investment strategies http://louthonline.com/3-short-term-cryptocurrency-investment-strategies/ http://louthonline.com/3-short-term-cryptocurrency-investment-strategies/#respond Thu, 21 Oct 2021 07:00:00 +0000 http://louthonline.com/3-short-term-cryptocurrency-investment-strategies/

Cryptocurrency trading and investing requires proper knowledge and planning before you get started. It is necessary to be aware of the principles behind its operations, it is also necessary to have a unique strategy to make your trading experience smooth knowing that it is associated with many risks.

The short term investment method is simply when the trader holds their stock for less than a year, they usually buy and sell more often, they are known as “active traders”. Especially when your goal is to win something huge over a short period of time.

However, you need to be prepared to take greater risks and also be prepared for a tendency to lose your investments. It is simply the truth behind it knowing that the cryptocurrency market is unusable.

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Short-term trading can be termed “aggressive” trading. Why is that? The reasons being that there is the possibility of losing your investments and also because you have the hope of making more profits. Fortunately, this short term trading can be classified based on how quickly profits are generated. It varies from a few hours to a few days or even weeks. It should be noted that the shorter the period, the greater the risk of trading.

This article aims to shed light on some of the short term investment strategies in crypto. Also, check out VantagePointTrading for more information on how to buy stocks, trade stocks, investment guides, and even economic and business updates.

1. Trading day

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This is a strategy used by short term traders, it involves the process by which the trader closely and actively monitors the crypto market to be able to know and judge how to complete their trade. This is usually done with a lot of commitment and dedication to allow the trader to monitor market trends.

In this system, the trader aims to make small profits to add a bigger one. Knowing that the cryptocurrency market is open 24/7, trading can be very risky most of the time, so there is no guaranteed profit. Despite this, day trading is a great way to make money online, so you can make up to 5% to 10% profit on your investments knowing that it is capitalizing on the instability of the market. stock.

This process of speculating on financial products and assets keeps traders up to date with what is coming out in the market, they also place many orders in a single day.

2. Scalping

In this model of short-term trading strategy, the trader buys and sells very quickly in one day, resulting in multiple transactions of shares during the same day. Investors trade in penny stocks so that they can buy and sell very quickly, which can happen in a matter of minutes, depending on the case.

Any trader who wants to use this cryptocurrency strategy should have at least one free commission brokerage so that if you buy and sell within minutes it will not reduce your profits. When scalping, the trader should try to focus on a currency pair or position at some point in time to give it more chance for success.

As stated earlier, the technique can earn you small profits per trade and the risk is also very minimal. It is a good tool for novice crypto traders, to allow them to learn and gain more experience. It is advisable to invest little money to begin with. In addition, scalping uses less funds and a smaller volume of coins to note as many changes can occur.

3. Swing Trading

Swing trading involves the use of a graphical representation of instability and price movement to identify the current trending stock in a particular time frame. We know that the prices of these different stocks move back and forth, which can cause them to go up or down.

Swinging in the stock market means identifying a repeating period of price behavior, then capitalizing on the stock by buying or selling it.

Unfortunately, this particular trading system is only for experienced traders, especially those who are well versed in identifying and understanding charts and indicators. Mobile apps and graphics are essential tools in this strategy. The user of this strategy must also understand the peaks and declines to use the model effectively. Binance is a good example of a swing trading strategy.

Final thought

In the article above, we have looked at some successful short term investing strategies depending on the timing of your profit making. In addition, in this short-term strategy, the following points are valid;

● Short-term investors are generally very active.

● Always up to date on the market value of the stock.

● Passive profit in a short time.

● It also has a risk factor.

● Consumes a lot of time.

● Comes with many requirements.

This article is for information only and does not constitute investment advice.


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