Alliances, Mergers & Acquisitions
Aquis, Seeking Transformative Model, Lines Up Partners
London-based, pan-European multilateral trading facility (MTF) Aquis Exchange is embarking on a new approach to its pricing model and capital formation as it awaits final approval from the UK's Financial Conduct Authority (FCA).
FactSet Buys Revere
FactSet Research Systems has acquired San Francisco-based research and industry classification provider Revere Data for an undisclosed sum.
eVestment Integrates Morningstar Data into Analytics Tools
Data from Chicago-based investment research and data provider Morningstar is now available via fund management software provider eVestment's analytics solutions suite, including its PerTrac and Fundspire systems.
SIX Financial Info Taps Savvis for Chicago Datacenter
SIX Financial Information has added a datacenter in Chicago, within a facility operated by datacenter and hosting provider Savvis.
VWD Adds S&P Bond Ratings to Terminal
German data vendor VWD has added credit ratings on bonds from Standard and Poor’s to its Market Manager market data terminal, in response to demand from clients in continental Europe for additional information to support their investment and risk…
Wolters Kluwer Completes Svenson Acquisition
Wolters Kluwer Financial Services has announced the completion of its deal to purchase reporting software Svenson, from fellow software vendor SmartStream.
In Two Days, Signals of Change
Nasdaq's SIP-related glitch on Thursday seems a foil for today's news, that the boards of Bats and Direct Edge approved a merger deal on Friday creating a new entity that will surpass Nasdaq's market share. Both events may be long-remembered, and perhaps…
Direct Edge's William O'Brien on the Bats Merger
After much speculation on Friday last week, news broke today that Direct Edge would merge with Bats. Direct Edge's CEO William O'Brien hopes that this will help the newly combined entity, which will go forward under the Bats name, to break into the…
Eurex and Moscow Exchange Partner on FX Futures
Eurex and Moscow Exchange have announced that they will collaborate on the trading of foreign exchange (FX) derivatives, with the Deutsche Börse subsidiary hosting dollar/rouble and euro/rouble futures on its trading system later this year.
Warsaw Stock Exchange to Partner with Aquis Exchange
The Warsaw Stock Exchange (WSE) announced today that it has signed an agreement to purchase a 30 percent stake in the proposed pan-European stock exchange, Aquis Exchange.
NYSE-ICE Deal Approved by SEC
The US Securities and Exchange Commission (SEC) has given its blessing to the proposed acquisition of NYSE Euronext by the IntercontinentalExchange group.
IBM to Acquire Cyber Security Specialist Trusteer
IBM has announced a definitive agreement for the acquisition of Trusteer, a software company specializes in counter-fraud and digital security.
Spectrum Equity, TA Associates Buy Lehman's Stake in BATS
The growth private equity specialists have acquired separate minority stakes in BATS Global Markets, the world's third-largest exchange operator, the sum of which was previously held by Lehman Brothers Holdings Inc.
DTCC Buys Thomson Reuters' Omgeo Stake
The Depository Trust & Clearing Corporation (DTCC) will take full ownership in the post-trade and settlement platform provider. Thomson Reuters and DTCC had held equal 50 percent shares in Omgeo since its founding in 2001.