Markit Buys Quantitative Services Group for OTC TCA Tools

Markit plans to create a series of new transaction cost analysis and factor-based research products for over-the-counter markets, following last week’s acquisition of Chicago-based Quantitative Services Group, a provider of equity research, factor analysis, multi-factor models and trading analytics for equities markets, along with its 33 staff.

“We believe OTC markets will follow a path of increased automation… and while they won’t necessarily take the same path as the equities markets, we think

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