JPMorgan to Acquire Neovest
CROSS-ASSET PLATFORMS
NEW YORK—In a move to expand its cross-asset reach, JPMorgan is purchasing Neovest Holdings, the direct market access (DMA) and pre-trade analytics technology provider, say officials who made the announcement last week.
Officials from both companies decline to disclose details of the deal such as the price tag. The agreement was signed this past Wednesday, June 22, during the SIA 2005 Technology Management Con ference trade show in Manhattan. JPMorgan will acquire Neovest from a group of
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