ICE to Close NYSE Acquisition on Nov. 4

atlanta
Atlanta-based ICE has agreed to buy NYSE Euronext in an $8.2bn deal subject to completion on Nov 4.

The two exchange operators also established an election deadline of Oct. 31 for the change of cash and shares by shareholders of NYSE Euronext.

The previously announced $8.2 billion transaction is still pending European regulatory approvals and could be extended to a further date if necessary.

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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