Alliances, Mergers & Acquisitions
ICE's SuperDerivatives Buy Welcomed, Though Integration Details Still Unclear
Less than a calendar quarter after selling one data technology business──NYSE Technologies' Wombat platform──to SR Labs (IMD, June 18, 2014), Intercontinental Exchange acquired another in the form of derivatives pricing and risk management vendor…
DataArt Acquires AW Systems
Bespoke software developer DataArt has acquired New York-based web engineering and consulting firm AW Systems to expand its global portfolio of consulting by doubling its consulting and engineering team in New York, and enabling it to serve North…
DataArt Acquires AW Systems, Will Open New Development Center in Argentina
DataArt says it has bought South American consulting specialist AW Systems.
Equinix Deploys Perseus ‘High Precision Time' Timestamping Service
Datacenter provider Equinix has rolled out New York-based low-latency network provider Perseus Telecom's High Precision Time service──which provides nanosecond-level timestamps, and includes access to a National Institute of Standards and Technology …
ICE Plans Majority Stake in Dutch Clearer
The IntercontinentalExchange Group (ICE) has announced that it will acquire a majority stake in the Holland Clearing House (HCH), adding to its recent shopping cart of company buys.
BGC Presents Offer for GFI Group
Brokerage firm BGC Partners has announced its intention to submit a cash tender offer to the shareholders of GFI Group, in direct competition with a previous announcement that the New York-based firm would be acquired by the Chicago Mercantile Exchange …
KCG Offloads FCM Business to Wedbush
KCG Holdings, formed from the merger of Knight Capital and Getco, will sell its futures commission merchant (FCM) business to Wedbush Securities, the company has confirmed.
Buy Them! Buy Them All!
ICE's acquisitive mood and T2S lead this week's coverage.
Broadridge Unveils Performance Offering Underpinned by BI-SAM's B-One Platform
Lake Success, NY-based Broadridge Financial Solutions has unveiled a performance measurement and attribution offering, Broadridge Investment Management Solutions (IMS) Performance Reporting, aimed at traditional asset managers and hedge funds,…
Opening Cross: Teenage Takeover!
I can still recall my first days at then-Risk Waters Group in 2000 as a greenhorn researcher working on Risk magazine and FX Week, trying to quickly learn new industries and lingo, while at the same time trying to hide my inexperience. One of my earliest…
ICE Bolsters Clearing with SuperDerivatives Buy
Intercontinental Exchange says it will buy the derivatives pricing and risk management software provider for $350 million.
ICE to Buy SuperDerivatives for $350 Million
Intercontinental Exchange has announced plans to acquire derivatives pricing and risk management software vendor SuperDerivatives for $350 million in cash to "accelerate the expansion of ICE's comprehensive multi-asset class clearing strategy."
Finwire Sells Stake to PE Firm Pegroco to Fund Expansion Plans
Swedish news provider Finwire has sold a combined 25 percent stake in the company to Swedish private equity firm Pegroco Invest and Finwire chairman Peter Benson for an undisclosed amount, to help the vendor fund an international expansion for its…
Dion Global Solutions Completes Acquisition of SwissRisk
Technology provider Dion Global Solutions has announced the completion of its acquisition of SwissRisk Financial Systems to reinforce its presence in Europe. Dion had initially acquired a controlling stake of SwissRisk in January 2012.
Fidessa Adds Alliance News to UK Broker Offering
Data and trading technology vendor Fidessa has added Alliance News to its service for UK broker clients, in response to customer demand for new content.
Dagens Industri Taps Finwire for Swedish News, ‘Social' Content
Swedish daily financial news site and newspaper Dagens Industri has signed an agreement with Swedish news provider Finwire to distribute the vendor's small-cap Swedish company news and curated content from social media streams about global events,…
Mergent Adds Barchart Commodity Yearbook to Historical Document Archive
Chicago-based data vendor Barchart's Commodity Research Bureau division has made the 75-year archive of its CRB Commodity Yearbook available via company data provider Mergent's Mergent Archives, an online database of more than 180,000 indexed corporate…
Thomson Reuters Wins Taipei IBOR Benchmark Calculation Role
The Taipei Foreign Exchange Market Development Foundation has named Thomson Reuters the calculation agent for its CNT TAIBOR offshore renminbi benchmark, the Taipei Interbank Offered Rate.
Exegy Posts Canadian Data Peaks Portal
St. Louis, Mo.-based hardware ticker plant provider Exegy has launched a Canadian version of its MarketDataPeaks portal of historical peak data volumes, to provide financial firms investing in Canada with intraday market data rates to help inform…
Platts Expands Chinese Coal Data Deal
Energy and commodities data provider Platts has added two new price assessments for thermal coal in China as a result of expanding an existing agreement with Chinese commodities data provider Shanxi Fenwei Energy Consulting Company.
TMX Preps US-Canada Microwave Network with Strike Acquisition
TMX Atrium, the network subsidiary of Canadian exchange operator TMX Group, has bought the StrikeNet low-latency microwave network business of Strike Technologies from parent group, New York-based market maker and trading technology provider Global…
Markit Signs Options to Collaboration Services
Infrastructure-as-a-service provider Options has integrated federation and directory elements of Markit's Collaboration Services──including the Markit Directory "phone book" of validated identity and contact data, and the Federated Chat platform──into…
Infront, Infinancials Consolidate on FactSet Equities Data
Norwegian market data vendor Infront and French fundamental data and analytics vendor Infinancials, in which Infront holds a majority ownership stake, have extended an existing agreement with data vendor FactSet Research Systems to expand both vendors'…
ICE Purchases Automated Trading Patents
The IntercontinentalExchange Group (ICE) has announced the acquisition of several patents related to electronic trading strategies, in an implicit bid to protect clients from predatory patent buyers.