Alliances, Mergers & Acquisitions
LSE, LCH Agree Revised Offer Terms
The London Stock Exchange Group (LSE) and LCH.Clearnet have announced the agreement of revised terms that will see the exchange group take a majority stake in the clearinghouse.
IMS HedgeOp Opens Hong Kong Office
IMS Group and HedgeOp Compliance, the buy-side consultancies which merged last year, have opened a Hong Kong office under the name, IMS HedgeOp.
MarketAxess Completes Xtrakter Acquisition, Appoints Urtheil
MarketAxess has completed its acquisition of Xtrakter, the former subsidiary of Euroclear, which provides regulatory transaction reporting.
VC Funds Focus on Data Analytics and Research
Venture capital (VC) funds are turning toward analytics and research providers as the supply of low-latency and alternative liquidity sources has surpassed critical mass.
Thomson Reuters Partners Chartwell Compliance for Risk Management
Thomson Reuters has partnered with Chartwell Compliance, a Washington-based consultancy, for the provision of regulatory compliance, financial crimes prevention and enterprise risk management technology.
Getco Reveals Team for Life with Knight
Getco has released details of the management team that will lead the company, following the Knight Capital merger set to go through in the second quarter.
SIX Axes Scoach Partnership with Deutsche Börse
SIX Swiss Exchange has terminated its cooperation contract with Deutsche Börse for the joint running of structured products trading platform, Scoach.
ICE's NYSE Euronext Acquisition Nears
IntercontinentalExchange's (ICE) proposed takeover of NYSE Euronext drew closer today, following the expiration of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.
DCM Capital Sold for Peanuts
DCM Capital has sold for £120,000 ($186,000), a fraction of its £5 million guide price, in a unique auction.
Linedata Nabs CapitalStream
Linedata has announced it will acquire software platform provider CapitalStream from HCL Technologies.