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The initial effects of Bridge's pending acquisition of ADP (IMD, July 13) may have already been felt. Sources say that 80 people have already been let go from the Mount Laurel and Journal Square, NJ locations.

Reuters

has acquired a 33.5 percent stake in GL Trade, a Paris-based developer of interactive software that links equities traders to electronic exchanges in order to monitor the market and enter orders. The firm was formerly known as GL Consultants. Reuters has also agreed to market GL's

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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