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McKay Brothers Receives Minority Investment from Citadel Securities

Business Wire India

McKay Brothers (“McKay” or “the Company”), a market leader in ultra-low latency market data and wireless networks, today announced that Citadel Securities has made a minority investment in McKay to support the continued growth of its global data and connectivity business.

 

Under the terms of the transaction, Citadel Securities will receive an equity stake in the Company and McKay’s co-founders, Stéphane Tyč and Bob Meade, will continue to hold the controlling majority of the Company’s equity. Financial terms of the agreement were not disclosed.

 

McKay will continue to operate independently and under its core business principles, which include offering its subscribers a level playing field and equal access to the lowest latency service.

 

Bob Meade, McKay co-founder, said: “Citadel Securities’ investment provides ongoing validation of McKay’s vendor model, which offers services on a level playing field to all subscribers. The investment also bolsters our already strong financial position and supports our commitment to innovation and technical excellence.”

 

Stéphane Tyč, McKay co-founder, added: “Our service vendor model makes our lowest latency available to all subscribers and ensures it cannot be dominated by any market participant, contributing to fair and competitive markets. This agreement with Citadel Securities maintains McKay’s autonomy and supports our continued growth.”

 

About McKay Brothers:

 

McKay - through McKay Brothers, LLC, Quincy Data, LLC and other controlled affiliates - are the world’s leading providers of ultra-low latency market data technology and wireless infrastructure. The company has served the financial markets' most demanding trading firms since 2012. McKay services are anchored by faster-than-fiber wireless networks interconnecting major global financial centers with curated market data and time-sensitive trade messages. All services are provided under a Level Playing Field policy, meaning the fastest services are made available to any subscriber.

 

Learn more at: www.mckay-brothers.com and www.quincy-data.com

 

 




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S R Atal vs Insurance Regulatory And Development ... on 12 November, 2024

:

The Appellant filed an (offline) RTI application dated 24.03.2023 seeking the following information:

"1- क्या भारतीय बीमा कंपनी को लाइसेस दे ने पर आई आर०डी० ए०आई०द्वारा प्रमाण-पत्र/लाईतेस के ननलम्वन के ललये कोई ननश्चित ननयम व शते है ।

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2- क्या भारतीय बीमा कंपनी के आईआरडीएआई लाइसेस आवेदन में हे रफेर प्रथाओ मे ललप्त होना भी एक ननयम की शते भी प्रमाण-पत्र के ननलम्वन के सालमल है ।

3- क्या आईडीआरडीएआई द्वारा मामले की पूछताछ के ललये ककसी जांि अधिकारी / जााँय अधिकाररयो की टीम को ननयुक्त करता है । 4- क्या जांि अधिकारी को जांि ररपोटट प्रस्तुत करने के ललये ककतनी समय सीमा ननिाटररत है।




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Muzibur Rahman vs Department Of Personnel & Training on 12 November, 2024

1. The Complainant filed an RTI application dated 16.04.2023 seeking information on the following points:

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(i) "Please provide me with the action taken report on my complaint filed on 30th March 2023.

(ii) Please provide me with the present status of the above-mentioned complaint.

(iii) Please provide me with the norms for disposal of complaints, including the number of days within which complaints are expected to be disposed of, as per the citizen charter."

2. The CPIO replied vide letter dated 12.05.2023 and the same is reproduced as under:-

"As far as internal Vigilance Section of DoPT under this CPIO is concerned, it may be informed that your complaint dated 30.03.2023 was received electronically from CVC vide Commission's OM No. 10929/2023/vigilance-9 dated 11.04.2023 and the same was forwarded to PESB and Estt.II Division, DoPT, for further necessary action at their end, as the subject matter of your complaint was pertaining to them, vide this Department's OM No. C-13014/1/2021-Vig. dated 09.05.2023 (copy enclosed)."




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R. Mascomani vs Department Of Personnel & Training on 12 November, 2024

1. The Appellant filed an RTI application dated 16.05.2023 seeking information on the following points:

"Please provide the specific information / clarification on Central Civil Services (Leave) Rules, 1972. (updated as on 19.09.2022)

(i) Please inform who are 'such Government Servant' referred under Rule 63 (2)(a) above

(ii) Please clarify whether Rule 63(2)(a) is applicable to only to those Government servants refereed 63(1)(a) and (b)

(iii) Whether both the actual amount of leave salary (Rule 63(1)) and study leave conversion to regular leave (Rule 63 (2) (a) are applicable to all government servants referred in 63 (1) and 63 (2)




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M/S.National Insurance Co. Ltd vs S.Gnanavel ... 1St on 31 October, 2019

R.SAKTHIVEL, J.

These two Civil Miscellaneous Appeals are arising out of the ‘Award dated October 31, 2019, passed in M.C.O.P.No.7252 of 2016’ ['impugned Award' for short] by the 'Special Sub Judge – II, Motor Accidents Claims Tribunal, Court of Small Causes, Chennai' ['Tribunal' for short]. The petitioner in the aforesaid Original Petition has filed C.M.A. No.1406 of 2023 seeking enhancement of compensation. The second respondent / Insurance Company has filed C.M.A. No.855 of 2022 praying to set aside the impugned Award. This Common Judgment will now dispose of both these Civil Miscellaneous Appeals.




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Ramu vs The Appellate Authority Of on 12 August, 2024

This writ petition has been filed challenging the orders passed by the respondents 1 & 2, thereby rejecting the claim made by the petitioner under Section 23(1) of the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 (hereinafter referred to as “the Act”) and ordered for maintenance of Rs.2,500/- per month, payable by the third respondent to the petitioner.

2. The petitioner is the father and the third respondent is his daughter. The petitioner has one daughter and one son. The petitioner had purchased a house plot comprised in S.F.No.144/2 at Koranampatti, Edappadi Taluk, Salem district, to an extent of 3744½ sq.ft., in which the petitioner also constructed a small hut and living there. It was purchased by him through registered sale deed dated 24.11.2010 vide document No.4313 of 2010. After marriage of the third respondent, due to love and https://www.mhc.tn.gov.in/judis affection, the petitioner had executed settlement deed in respect of the subject property in favour of the third respondent on 13.12.2019 vide registered document No.5380 of 2019. However, the third respondent failed to maintain the petitioner and also threatened the petitioner to vacate the hut which is put up in the settled property.




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P.Rajendran vs The General Manager/ Appellate ... on 30 October, 2024

This writ petition has been filed challenging the order, dated 18.02.2000 passed by the Respondent No.2, dismissing the petitioner from service and the order dated 27.06.2003 passed by the Respondent No.1 on an appeal filed by the petitioner, confirming the punishment of dismissal from service in the year 2013 and seeking a consequential relief to reinstate the petitioner into service.

2. The brief facts that are relevant for disposal of this writ petition are as under:-

2.1. The petitioner herein, while working as a 'Peon' in Rasipuram Branch of the respondent Bank, Salem Division, he was subjected to departmental proceedings by issuing a charge-sheet dated 21.06.1997 containing two charges. The said charges reads as under:-




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K.Selvaraj vs The Superintendent Of Police on 30 October, 2024

These two writ petitions have been filed by the same petitioner based on the same fact situation and as such, both the matters were heard together and are being disposed of by this common order.

https://www.mhc.tn.gov.in/judis W.P.Nos.2751 and 9303 of 2020

2. The petitioner herein was initially appointed as 'Grade-II, Police Constable' in TSP-I Battalion, Trichy and thereafter, the petitioner was transferred to District Armed Reserve Perambalur District and in the year 2004, he was transferred to District Armed Reserve Nagapattinam District and thereafter, he was transferred to Taluk Police Establishment in the year 2010 and then he was upgraded as ‘Grade I, Police Constable’ in the year 2006 and further upgraded as 'Head Constable' in the year 2011. The petitioner also claimed to have received 16 rewards for his performance and there were no adverse remarks against the petitioner through out his service.




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Selvakani vs State Rep. By on 29 October, 2024

The Criminal Revision is directed against the order passed in Crl.M.P.No.5785 of 2022 in C.C.No.224 of 2024 dated 25.03.2024 on the file of the Judicial Magistrate Court, Tirumangalam.

2. On the basis of the complaint lodged by the second respondent, FIR came to be registered in Crime No.41 of 2022 against 9 persons including the petitioner for the alleged offences under Sections 147,148, 294(b), 323, 324 and 506(2) IPC and Section 4 of TN Prohibition of Harassment of Women Act, 2002. The first respondent, after completing the investigation, has filed a final report against 8 persons and also filed a report deleting the petitioner/9th accused from the above case before the jurisdictional Court. The learned Magistrate, after receipt of the charge sheet as well as the deletion report, has issued notice to the second respondent. The second respondent has entered into appearance and filed a https://www.mhc.tn.gov.in/judis protest petition in Crl.M.P.No.5785 of 2022 and the learned Magistrate, after enquiry, has passed the impugned order dated 25.03.2024 by holding that there existed prima facie case against the petitioner and ordered for issuance of summons to all the accused including the petitioner. Aggrieved by the order adding the petitioner as one of the accused and for issuance of summons, the present revision came to be filed.




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M/S.Samy Property Developers vs M/S.Vsp Property Promoters on 8 November, 2024

These two appeals are preferred challenging an order of the Execution Court allowing the claim of respondents 1 to 5 under Order XXI Rule 58 CPC in E.A. No.52 of 2015. Of them, C.M.A. No.460 of 2023 was filed by the purchaser in an auction sale held in E.P. No.168 of 2013, which the appellant/workman in C.M.A.No. 944 of 2023 had laid for executing an award passed under Sec.33C (2) of the Industrial Disputes Act, 1947.

1.2 Broadly the issue is that, in the said E.P. Respondents 1 to 5 have taken out an application in E.A.52 of 2015, staking a claim to about 5.43 acres in SyNo:298 of Kuniyamuthur village, and it came to be allowed by the Execution Court. This block of 5.43 acres was part of a larger extent of 37.0 acres, spread over multiple survey numbers, and it was brought to court-auction-sale and was purchased by the appellant in CMA 460 of 2023. The sale in favour of the auction-purchaser is yet to be confirmed by the Execution Court in terms of Order XXI Rule 92 CPC. The decision of the Execution Court in allowing the claim of respondents 1 to 5 over 5.43 acres implies that the Execution Court https://www.mhc.tn.gov.in/judis C.M.A.Nos.460 & 944 of 2023 may not now confirm the auction-sale as pertaining to this block of land.




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Alamelu vs Venkatesan on 23 October, 2024

This Second Appeal has been preferred against the Judgment and Decree passed by the ‘learned Additional District Judge (Fast Track Court) Villupuram’ ['First Appellate Court' for short] in A.S.No.69 of 2011 modifying the Judgment and Decree passed in O.S.No.64 of 2009 on the file of the ‘Principal Sub Court, Villupuram’ ['Trial Court' for short].

2. For the sake of convenience, hereinafter, the parties will be referred to as per their array in the Original Suit. Case of the Plaintiffs:

3. The Suit Properties along with some other properties belonged to one Adhimoolam. The said Adhimoolam died intestate 40 years before the date of Plaint. Govindasamy and Krishnan were the sons of said Adhimoolam.




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Smt R Leelavathi vs State Of Karnataka on 12 November, 2024

IN RE: B.K.NAGARAJAPPA

6. The petitioner Sri B.K.Nagarajappa had served the Corporation between 05.04.2021 to 30.06.2022 as General Manager. Previous approval has been granted for the purpose of investigation as regards the following:

NC: 2024:KHC:45706 PÀæ.¸ÀA ¥Éưøï oÁuÉ C¥ÀgÁzsÀ ¸ÀASÉå 1 PÀ®§ÄVð f¯Éè, PÁ¼ÀV ªÉÆ.¸ÀA.79/2022 gÀ PÀ®A ¥Éưøï oÁuÉ 406, 409, 420, gÉ/« 34 L¦¹ 2 ¨ÉAUÀ¼ÀÆgÀÄ £ÀUÀgÀ ¹zÁÝ¥ÀÄgÀ ªÉÆ.¸ÀA.56/2023, PÀ®A ¥Éưøï oÁuÉ 406, 420 ¸ÀºÀ 149 L¦¹ 3 ¨ÉAUÀ¼ÀÆgÀÄ UÁæªÀiÁAvÀgÀ f¯Éè ªÉÆ.¸ÀA.07/2023, PÀ®A-




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