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
Rich Newman joins to talk about challenges facing the alternative data space and why open data is becoming increasingly important.Subscribe to Weekly Wrap emails