Telekurs to Merge with SWX, SIS

The combined group will be able to offer services spanning the value chain of the investment process, from market and reference data distribution to exchange trading, clearing, settlement and payment transfer services.

The deal would create two data vendor businesses within the SWX group—Exfeed, SWX's existing subsidiary for disseminating the exchange's data, and Telekurs Financial, one of the Telekurs Group companies with operations throughout Europe and a US subsidiary, providing market and

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