This Week: Instinet/FIS, Goldman/Quant Insight, Nasdaq/Metrio and more
A summary of the latest financial technology news.
Instinet to acquire ‘Fox River’
Instinet Holdings has agreed to acquire FIS’s Execution Services business, formerly known as Fox River, which was became part of FIS after its acquisition of SunGard in 2015. The agency broker, which was established in 2000, provides execution algorithms and tools, including direct market access and sales trading. Terms of the deal were not disclosed.
SocGen taps FIS for derivatives
French investment bank Societe Generale has signed an agreement with FIS to
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