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"Our customers desired a single-stock futures marketplace that took into account the hybrid nature of the new regulatory landscape and offered the benefits of operational and capital efficiencies," said Scott Gordon, chairman of the Chicago Mercantile Exchange.
The companies said their combination would save about $300.0 million in operating expenditures, and $1.0 billion in capital efficiencies.
It focuses on the maximizing economies of scale and generating capital efficiencies through internal fund mergers and other operational improvements.
So I think CME is trying to find those capital efficiencies that I'm referring to, that we're looking at between our futures in cash positions.
In addition, by creating a hub of companies, there are "resource and capital efficiencies" to be made, such as in the areas of HR, accounting and legal.
The Risk and Balance Sheet Management business involves post trade services to mitigate counterparty risk, maximize capital efficiencies for customers, support the safe transfer of securities, and optimize cash flows for efficient collateral management.
Similar(53)
Then the talk was of capital "efficiency".
"The prevailing metric now is capital efficiency," Mr. Cowan said.
And in long-term performance programs, several companies added capital efficiency measures to their benchmarks.
And we'll do all of this while keeping a rigorous focus on our operating and capital efficiency".
But another goal was for the airport to be "maximising income, lowering its operating costs and driving capital efficiency".
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Justyna Jupowicz-Kozak
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