ICE Buys TMC Bonds for $685 Million

The exchange has acquired the trading platform as it continues to pick up fixed-income assets.

M&A news

The deal is expected to close in the second half of the year subject to regulatory approval.

ICE declined to comment on the specifics of the deal outside of publicly released information. In a statement accompanying news of the acquisition, ICE president Benjamin Jackson said that TMC Bonds would offer new choices of liquidity access for its customers.

“TMC Bonds will offer a new and complementary access point to liquidity for our customers and expand our portfolio of diverse solutions in the

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: