GFI
The IMD Wrap: Dining on data, from pay-as-you-go to all-you-can-eat
Max puts on his best Anthony Bourdain voice to reminisce about seminal sushi experiences, and to look forward to the future, where perhaps the industry will also adopt more consumption-based approaches to market data (and hopefully more sushi).
Broker data policies stoke fears of ‘exchange-style’ fees and audits
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.
TP Icap’s Rising Costs Force CEO Ouster
Broker fires CEO as Brexit, compliance and IT costs mount.
Data, E-Trading Sales Vet Watson to Head Tradition Data Sales
Watson has spent more than 30 years selling market data and trading floor technologies and services.
ICE Accepts Final CMA Verdict over Forced Sale of Trayport
ICE to end commercial agreement with energy and commodities platform, find buyer after final CMA verdict.
CFTC Approves 18 SEFs, 5 Still Waiting
Clear Markets, FTSEF, GTX SEF, LedgerX and TeraExchange continue to operate under temporary registration.
BGC, GFI to Offload Trayport to ICE for $650 Million
The move is the latest in a strategy to unlock newly-acquired assets' value.
BGC, GFI to Offload Trayport to ICE for $650 Million
The move is the latest in a strategy to unlock newly-acquired assets' value.
GFI Bows CME–LCH Cleared Spreads Data
The new service will provide data on the spread between contracts cleared on CME versus those cleared on LCH
Opening Cross: Mmmm… Data!
Bacon is like data—delicious, porky data.
Trading Tech Vendor ORE Extends Fenics FX Data Deal
Deal provides clients of ORE's trading platforms with data for risk and modeling.
Back in the Saddle Again
Anthony looks back at the biggest stories from the previous week.
GFI Releases Electronic Trading Platform for Odd Lot Corporate Bonds in US
Service comes via CreditMatch with plans to extend it into a fully-executable CLOB in Q3 of 2015.
BGC Plans to Sell Trayport
Two months after purchasing GFI, BGC announces it will sell Trayport in its Q1 financial earning report.
R.J. O’Brien Announces Acquisition of GFI Subsidiary Kyte Group
US brokerage and clearing firm to take ownership of derivatives clearing agent.
BGC, GFI Reach Acquisition Agreement
End of takeover saga in sight as GFI accepts tender offer
GFI Stockholders on Brink of BGC Acquisition Threshold
Final tenders required by tonight's deadline
Updata, Trayport Sign Collaboration Agreement to Integrate Platforms
The vendors plan to build a deeper technical integration between their products
Acquisition Target Inches Closer as BGC Partners Extend GFI Offer
BGC Partners draws closer to GFI Group takeover with two week extension
BGC Counters CME Bid with Offer Increase
Interdealer broker also extends offer deadline.
CME Ups Bid for GFI as Vote Looms
CME Group now offering $5.85 per share for interdealer broker.