LONDON - Thomson Financial has acquired Market Systems, Inc. (MSI), a software systems company, for its transaction cost analysis (TCA) and trade-execution compliance capabilities.
The acquisition of MSI was formalized this spring, Thomson officials say, and was intended to help clients comply with new developments such as Regulation NMS and MiFID.
Officials declined to release the financial terms of the transaction.
MSI provides best-execution compliance technology and services to measure and
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