Alliances, Mergers & Acquisitions
Not-So-Secret Agents: The Rise of the Third-Party Sales Expert
It’s not uncommon for experienced industry executives to quit their day job and start their own company. However, whereas most startups begin with a product idea that its inventors then have to sell to potential clients, a growing trend among data execs…
Synechron Nabs Team Trade
This deal marks Synechron's fifth acquisition since 2007
Bucharest Exchange Pulls Data off Vienna Feed
Exchange aims to become its own hub for local exchange data in the region
MTS, B2SCAN Launch Pre-Trade Bond Data Initiative
Partnership will provide buy-side firms with transparency into dealers' inventories.
James Rundle: The Tragic Romance of BGC and GFI
The ongoing tussle between BGC and GFI over the latter’s future has provided constant twists and turns. But James questions whether GFI was ever going BGC’s way, or if it was always on the road to Chicago.
Nasdaq Buys Dorsey Wright to Boost Smart Beta Indexes
Acquisition will expand Nasdaq's smart beta ETF licensing opportunities
Broadridge Adds TwoFour Systems in FX, Cash Management Play
Broadridge acquires FX & cash management tech company
Orc Parent to Acquire Tbricks
Cidron Delfi Intressenter Holding to buy prop trading vendor.
Vanare Acquires NestEgg, Creates Hybrid Wealth Management Offering
Integrates automated allocation with traditional services
BGC Increases Offer for GFI Group
Firm's tender offer is now for $5.45 per share, a 20-cent increase from its previous price.
Custodians, Spaulding Create Benchmark Data Cost Transparency Principles
BNY Mellon, State Street and Northern Trust, along with performance measurement provider The Spaulding Group, have created a set of principles to improve transparency around fees associated with the use of benchmark indexes and their data, to help asset…
Update: Trading Central's Recognia Buy Will Enable Analytics Cross-Pollination, Institutional Expansion
Vendors eye lengthy company integration, but speedy product integration roadmaps
Trading Central Buys Analytics Vendor Recognia
Acquisition of Recognia to create "market leader" in technical and fundamental analysis.
2014 Review: Infrastructure Deals Drive M&A, Funding Activity in 2014
This year saw its fair share of mergers, acquisitions and investments, with some deals driven by expansion plans, others by strategic opportunism, and others spurred by unforeseen circumstances.
DelphX Plans Expansion, Data on Quandl
Bond trading venue operator DelphX plans to expand its Mav=n (Market-Adjusted Value per congruent Nexus) pricing service, to provide users with fair value prices for SEC Rule 144A private placements, asset-backed and mortgage backed securities, and…
BGC Further Extends GFI Offer Deadline
BGC Partners' determined efforts to acquire rival interdealer broker GFI Group continued last night, as the firm extended the deadline for its offer to January 6, 2015, the second time that it has done so.
Options Takes Space in Equinix Tokyo Co-Lo Center
Infrastructure-as-a-service provider Options has expanded into Equinix's TY3 datacenter in Tokyo to provide co-location services and access to global foreign exchange markets in response to increased customer demand.
Cyber Monday for Financial Markets
Vendors go on a shopping spree.
Quincy Taps O’Sullivan’s USAM for US Sales Push
Oakland, Calif-based low-latency microwave connectivity and market data provider Quincy Data is to use USAM Group—a New York-based outsourced sales agency recently set up by Feargal O’Sullivan, a former sales and solutions executive at NYSE Technologies,…
Quandl Adds ORATS Options Data to Financial Data Search Engine
Toronto-based economic and financial search engine Quandl is adding fee-liable options data from Chicago-based options analytics provider Option Research and Technology Services (ORATS) to its online data portal to support users' equities technical…
Icap to Merge EBS and BrokerTec
The FX and fixed income trading platforms will be combined to form EBS-BrokerTec
Japan, Singapore Exchanges Cooperate on Co-Lo Centers
The agreement between JPX and SGX will boost connectivity in the Asia-Pacific region.
Update: CME Matches BGC in Battle for GFI
Increases offer to $5.25 per share, matching BGC's premium.
Markit to Exit Messaging Play as Symphony Conducts Acquisition of Chat Assets
Acquisition will unite rival messaging initiatives to create a stronger competitor to Bloomberg's messaging service