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SPX Corporation is an American manufacturing company, headquartered in Charlotte, North Carolina. [ 2 ] [ 3 ] [ 4 ] The company operates within four markets: heating, ventilation, and air conditioning ( HVAC ), detection and measurement, power transmission and generation, and engineered solutions.
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Weir Group acquired SPM Flow Control, Inc for US$653 million (£328 million). SPM manufactures high-pressure well service pumps and related flow control equipment [49] 2007 Acquired African pumps business, CH Warman Pump Group for $231m (£113m) [50] 2007 Acquired Mesa Manufacturing Inc, the Texan based pump manufacturer for $40m [51] 2008
Later that same year, it also bought EMCO Flow Systems, a metering business. [12] The company was negatively impacted by the onset of the Great Recession during the late 2000s, but was observing signs of recovery within two years. [13] [14] In early 2009, Spirax Sarco acquired the Turkish distributor Intervalf in exchange for £2.8 million.
By 2015 Citadel Securities had become the world's largest interest-rate-swap trader by number of transactions replacing Wall Street banks. [24] In 2016, the company opened a new office in Sydney, Australia. [25] In January 2017, Citadel was fined $22 million by the SEC for misleading clients regarding the way it priced trades. [26]
Cboe has two main proprietary index options products, options on the VIX Index, an index that measures expectations for stock market volatility [52] and options on SPX, the Standard & Poor's 500 index. [43] The company also provides platforms for trading options on other indices, including the Russell 2000 Index. [51]
SPX can refer to: S&P 500, a stock market index; Sequenced Packet Exchange, a networking protocol; IATA code of Sphinx International Airport, an airport in Giza, Egypt;