Alliances, Mergers & Acquisitions
Tradition Taps Bloomberg Price Fixings for Volatis Trading Platform
Interdealer broker Tradition is to use daily price fixing observations from Bloomberg's independent valuation services for derivatives and structured notes, to provide prices that more accurately reflect realized volatility to Volatis, the broker's newly…
SocGen Bond Prices on Thomson Reuters Trading Platform, Data Services
Société Générale has begun contributing cash bond prices to Thomson Reuters' Fixed Income Trading electronic platform, expanding the bank's price distribution to a broader base of trading desks at private banks and wealth managers, while increasing the…
Derivative Path Taps Fincad for OTC Derivative Analytics, Valuations
Derivative Path, a Walnut Creek, Calif.-based startup provider of automated trading technologies for the over-the-counter derivatives markets, has incorporated Vancouver, Canada-based OTC derivatives pricing and risk management vendor Fincad's analytics…
ML Bond Index Adds Fitch Ratings
Bank of America Merrill Lynch has added credit ratings content from Fitch Ratings to its ML Bond Market index, as an additional factor in the assessment of investment-grade and speculative-grade bonds.
ITRS Grows Partner Data Interfaces
UK-based application monitoring software vendor ITRS has expanded its partner program to include Caplin Systems, Corvil, Misys, Niksun and VMware, to allow ITRS' Geneos platform to extract data to extract data from the vendors' applications, including…
CQG Adds FastMarkets Metals Data
Denver, Colo.-based data, trading and analytics provider CQG has added London-based FastMarkets' Premium Metals News to the metals market data and trading capabilities already available in CQG's platform.
TriOptima Turns on DTCC Data Link
TriOptima─a provider of post-trade infrastructure, processing and risk management solutions for over-the-counter derivatives, owned by interdealer broker Icap─has gone live with a link to capture market data on OTC derivatives trades reported to the…
Aquis, Seeking Transformative Model, Lines Up Partners
London-based, pan-European multilateral trading facility (MTF) Aquis Exchange is embarking on a new approach to its pricing model and capital formation as it awaits final approval from the UK's Financial Conduct Authority (FCA).
FactSet Buys Revere
FactSet Research Systems has acquired San Francisco-based research and industry classification provider Revere Data for an undisclosed sum.
eVestment Integrates Morningstar Data into Analytics Tools
Data from Chicago-based investment research and data provider Morningstar is now available via fund management software provider eVestment's analytics solutions suite, including its PerTrac and Fundspire systems.
SIX Financial Info Taps Savvis for Chicago Datacenter
SIX Financial Information has added a datacenter in Chicago, within a facility operated by datacenter and hosting provider Savvis.
VWD Adds S&P Bond Ratings to Terminal
German data vendor VWD has added credit ratings on bonds from Standard and Poor’s to its Market Manager market data terminal, in response to demand from clients in continental Europe for additional information to support their investment and risk…
Wolters Kluwer Completes Svenson Acquisition
Wolters Kluwer Financial Services has announced the completion of its deal to purchase reporting software Svenson, from fellow software vendor SmartStream.
In Two Days, Signals of Change
Nasdaq's SIP-related glitch on Thursday seems a foil for today's news, that the boards of Bats and Direct Edge approved a merger deal on Friday creating a new entity that will surpass Nasdaq's market share. Both events may be long-remembered, and perhaps…
Direct Edge's William O'Brien on the Bats Merger
After much speculation on Friday last week, news broke today that Direct Edge would merge with Bats. Direct Edge's CEO William O'Brien hopes that this will help the newly combined entity, which will go forward under the Bats name, to break into the…
Eurex and Moscow Exchange Partner on FX Futures
Eurex and Moscow Exchange have announced that they will collaborate on the trading of foreign exchange (FX) derivatives, with the Deutsche Börse subsidiary hosting dollar/rouble and euro/rouble futures on its trading system later this year.
Warsaw Stock Exchange to Partner with Aquis Exchange
The Warsaw Stock Exchange (WSE) announced today that it has signed an agreement to purchase a 30 percent stake in the proposed pan-European stock exchange, Aquis Exchange.
NYSE-ICE Deal Approved by SEC
The US Securities and Exchange Commission (SEC) has given its blessing to the proposed acquisition of NYSE Euronext by the IntercontinentalExchange group.
IBM to Acquire Cyber Security Specialist Trusteer
IBM has announced a definitive agreement for the acquisition of Trusteer, a software company specializes in counter-fraud and digital security.
Spectrum Equity, TA Associates Buy Lehman's Stake in BATS
The growth private equity specialists have acquired separate minority stakes in BATS Global Markets, the world's third-largest exchange operator, the sum of which was previously held by Lehman Brothers Holdings Inc.