Markit continues acquisitive ways with NTC sale
Markit, the provider of independent data, portfolio valuations, and OTC derivatives trade processing services, has acquired NTC Economics, a provider of global macro-economic indicators and owner of the Purchasing Manager's Index (PMI) series. The PMI series has a user community of 200,000 people in 1,000 organisations including central banks that use the data to help decide economic, interest rate, and foreign exchange policy. NTC is a UK-based company that employs 40 staff; it will be headed
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