News
Citi to Shutter LavaFlow ECN
ECN is sixth-largest system in the US.
Update: CME Matches BGC in Battle for GFI
Increases offer to $5.25 per share, matching BGC's premium.
ITRS Readies Malaga R&D Center
Spanish presence will be the vendor's sixth global location and third R&D facility.
Fonetic Launches Multi-Trade Search and Reconstruction Tool
New addition will provide customizable filtering for compliance
Markit to Exit Messaging Play as Symphony Conducts Acquisition of Chat Assets
Acquisition will unite rival messaging initiatives to create a stronger competitor to Bloomberg's messaging service
Symphony's First Movement: Symphony Acquires Markit's Collaboration Services
Consortium hopes to release the fully-integrated platform in July 2015
B&Z Taps MDX Tech for Internal Data Sharing
MDX solution will allow firm to share data and analytics, and collaborate more effectively, officials say.
B&Z Global Strategies Taps MDX Technology
Brazilian multi-strategy investment fund to use MDXT Collaborate
Malaysia Brokers Tap Bloomberg for MYR FX Rates Distribution
The Malaysia Money Brokers Association, a group of six licensed money brokers in Malaysia, will use Bloomberg as its primary platform for the dissemination of foreign exchange rates, in move to increase price transparency in the country and support…
CYMBA Unveils Silverstone Platform
New platform features much of the functionality already available in the CYMBA's Athena platform.
Silver Lake Sells IPC to Centerbridge for $1.2Bn
Private equity firm Centerbridge Partners has entered into an agreement to acquire data network and trading telephony provider IPC from current owners Silver Lake Partners for about $1.2 billion.
Euronext Targets Non-Listed Securities with Expert Market MTF
The Euronext Expert Market is the first market of its kind to be set up by an European exchange.
SmartStream Buys Credit Suisse's Fee, Expense Management Platform
TLM specialists buy platform from bank, sign it as customer.
Centerbridge to Buy IPC for $1.2 Billion
Silver Lake finds buyer in massive deal.
TMX's McCrea Joins Audit Specialists JCV
Former exchange exec will help grow JCV's audit and IPR protection business.
NanoSpeed Readies Low-Latency LSE Data Access, Risk Checks
FPGA solution will provide low-latency data connectivity and risk checks for trading on the London Stock Exchange.
SS&C Acquires DST Global Solutions
The deal will be worth $95 million in cash.
Linedata Announces Enhancements to its Admin Edge Platform
Linedata Reporting will power upgrades to web functionality.
Capco Hires Bentick as New Partner
Ian Bentinck to challenge clients to break free of traditional business models
Confluence Buys Fund Analytics Vendor Orfival
Deal will allow US-based Confluence to expand its range of services and international reach.
Chairman Role at ISDA for Litvack
Litvack is head of regulatory strategy for Société Générale's Global Banking and Investor Solutions business.
IRESS appoints Sancenot Head of Euro BizDev
Appointment is part of IRESS' strategy to expand its trading community in Europe and the UK.
Confluence Acquires Risk Analytics Provider Orfival
Vendor will gain footprint in Europe from deal.
NanoSpeed to Provide Ultra-Fast Risk Checks to LSE
Nano-Risk FPGA run pre-trade risk checks with a latency of less than half a microsecond.