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Stock Market & Financial Investment News

News Breaks
December 5, 2012
12:28 EDTEBIXEbix put volume and volatility elevated
Ebix December 14 and 15 puts are active on total put volume of 2,900 contracts (790 calls), December put option implied volatility is at 60, January is at 56, March is at 63; above its 26-week average of 43 according to Track Data, suggesting larger price movement.
News For EBIX From The Last 14 Days
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September 29, 2015
09:30 EDTEBIXEY, Ebix partner to delivery digital solutions to India, Bangladesh
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September 25, 2015
07:33 EDTEBIXEbix's PPL selected by London Broking Firms
Ebix announced that senior executives of 16 broking firms representing more than 80% of business placed in the London market have made a formal commitment to electronic placement of insurance through the Placing Platform Limited electronic placing platform, powered by Ebix's technology. The communique, signed through the auspices of the London & International Insurance Brokers' Association board, was revealed by Steve Hearn, chairman of the London Market Group, at a market-wide forum held by the trade body yesterday, in London. An open letter signed by the executives said they were committed to all risks being captured and processed electronically. The Liiba commitment letter detailed the introduction of a single platform to facilitate electronic support for placing, with the PPL board being provided with appropriate finance and authorization to enter into a contract, for a full market roll out beginning January 2016. Ebix confirmed that it is presently on target to launch the service on Jan.1, 2016.

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