Euroclear acquires Xtrakter

Euroclear, a provider of domestic and cross-border settlement and related services for bond, equity, derivatives and fund transactions, and the International Capital Market Association have signed an agreement whereby Euroclear will acquire 100% of Xtrakter, for an undisclosed cash amount. Xtrakter owns Trax, a trade matching and regulatory reporting system that also provides buy- and sell-side institutions with market and reference data. Xtrakter will become a wholly owned subsidiary of Eur