NEW YORK--Ixnet, a subsidiary of IPC Information Systems, has acquired Saturn Global Network Services Holdings in a deal that will expand the company's reach into new regions for delivery of its financial data services.
Ixnet purchased the London-based Saturn Global Networks (SGN) from M.W. Marshall for £30 million ($48.9 million). The deal is expected to close in the next 40 days.
The deal will provide Ixnet with access to SGN's existing customer base, such as Euro Brokers, Chapdelaine and Ex
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails