Interactive Buys Xcitek Data Arm

Xcitek's market data business collects North American corporate actions data and distributes it to more than 2,000 institutions via proprietary and third-party delivery channels, including Interactive, which has supplemented its own non-US corporate actions with Xcitek's data.

Interactive expects to retain the majority of Xcitek's 45 data employees, who will be integrated over the next three to six months, officials say. The vendors will also begin talks to integrate the data collection capab