GTS CEO Talks Acquisition of Barclays' DMM Business
GTS's new customers can expect sophisticated technology organizing information in innovative ways.
The times are changing.
Yet another indication of that came last week with GTS, an electronic market maker, purchasing the designated market maker (DMM) trading business of London-based bank Barclays.
Barclays' exit from the DMM space is yet another indication of the electronification of the markets. As Ari Rubenstein, co-founder and CEO of GTS, explains to WatersTechnology, it's the obvious next step for an industry that continues to transition to a phase more focused on big data and technology
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