Alliances, Mergers & Acquisitions
BCS Global Markets Close to US Debut Via Alforma Acquisition
Entry to US market on target as Finra approves BCS’s acquisition of New York-based inter-dealer broker.
LSE, Deutsche Börse Outline Role of Data, Indexes in Merger Deal
Information services and indexes are expected to contribute 25 percent of the merged exchange group's revenues, five years after the merger is complete.
OTAS Clients Get WSH Earnings, Events Data
The addition of Wall Street Horizon's earnings, dividend, expiration and investor conference date information will allow OTAS' clients to make faster decisions.
Morningstar Buys InvestSoft to Boost Bond Analytics
The acquisition was driven by customer demand for "more robust" fixed income analytics capabilities, Morningstar officials say.
Open Text Closes In on Recommind Buy
The vendors expect the acquisition to close in the first quarter of 2017.
FlexTrade Partners with RSRCHXchange for MiFID II Compliance
FlexTrade has added a separate research function to its EMS
Taifex Taps Deutsche Börse for International Data Licensing
Deutsche Börse already provides licensing for other exchanges, including BSE India, and the Irish and Bulgarian stock exchanges.
Smartkarma Raises $4.7 Million to Fund Research, Data Additions
The latest funding round brings the total raised by the compamy to $7.5 million.
Deutsche Börse, Taiwan Futures Exchange Form Data Partnership
Taifex clients gain access to real-time, delayed and end-of-day data products from both exchanges.
Rimes Adds Best Credit Data Muni, Corporate Prices to Managed Services
Rimes clients worldwide will be able to access Best Credit Data's municipal and corporate bond data via Rimes' managed services.
Infront Adds Freedom Index Data
Infront will roll out the indexes to more than 12,00 clients, free of charge.
CBOE Makes Minority Investment in Eris Exchange, Announces Partnership
CBOE and Eris will develop product solutions aimed at Basell III and other swaps regulations.
FactSet Sells Research Arms to Asset International
FactSet will use the $165 million sale to extend its share repurchase program by $165 million.
Activ Plans to Leverage Prime Analytics to Help Fill Gaps in Data Coverage
Demand from Prime Analytics' global client base for niche regional markets will give Activ the impetus to pursue exchange data that would otherwise be uneconomical to carry.
Icap Renamed NEX Group
Name change will go into effect after deal with Tullet Prebon is completed later this year.
Euronext's Price of Independence
Euronext will soon find itself up against an exchange powerhouse and has established an M&A war chest to bolster its options.
Exegy, Neeve Ally for Data-Driven Trade App Builder
The alliance will enable users to leverage Exegy's data in trading platforms built using Neeve's technology.
CSC Fixnetix Adds Sales Capacity to Spur Growth
Since being acquired, Fixnetix has added a raft of experienced sales executives to its team in New York, London and Tokyo.
Broadridge Acquires Dojima, Adds to GPTM Solution
Dojima adds its derivatives clearing solution to expand Broadridge’s GPTM.
Jefferies Parent Leucadia Snaps Up ITG's Research Arm
Leucadia has paid $12 million for the business that ITG bought for $56 million six years ago.
SR Labs Unveils Low-Bandwidth Feed to Reach Users Outside Financial Hubs
SR Labs' new Compressed Data Feed will allow the vendor to reach potential clients in regions outside primary financail centers, where high-bandwidth circuits may not be readily available.
Style Research, Morningstar Ally on Fund Comparison Tool
The Peer Insights tool will allow investors to compare similar funds at a more granular level.
Money.Net, Mergent Partner for Affordable Academic Data Access
The vendors are expanding their university programs by providing content and tools at a lower price point than premium terminals, officials say.
Incapture Taps USAM to Grow Developer Data Platform
USAM will pormote Incapture's platform to its network of contacts among end-user firms.