Alliances, Mergers & Acquisitions
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.
Wolters Kluwer to Acquire Svenson from SmartStream
Wolters Kluwer Financial Services has announced that it will acquire SmartStream's regulatory reporting product suite Svenson, after signing an agreement with the vendor.
REDI Now Independent of Goldman
Goldman Sachs has sold REDI, with its REDIPlus execution management system (EMS), to a consortium of investors, including Bank of America Merrill Lynch (BAML), Barclays, BNP Paribas, Citadel and Lightyear Capital. Even with the sale, Goldman will still…
EMCF and EuroCCP Sign Sale and Purchase Agreement
Owners of the clearing houses EMCF and EuroCCP have signed a sale and purchase agreement, formalizing an intention to combine the two businesses that was announced earlier in the year.
INTL FCStone Abandons Cleartrade Acquisition Plans
Commodities brokerage INTL FCStone has dropped its plans to acquire a controlling interest in Cleartrade Exchange (CLTX), citing Dodd-Frank Act provisions as a barrier to the deal.
London Stock Exchange to Acquire Turquoise Derivatives
The London Stock Exchange Group (LSE) is to acquire Turquoise Global Holdings' derivatives platform, to improve the efficiency of their clearing and margin arrangements in light of upcoming derivatives regulations.
Knight Capital and Getco Complete Transformation to KCG
With the completion of the merger between high-frequency trading (HFT) specialist Getco and broker-dealer Knight Capital, KCG was launched as a single entity on July 2, 2013, creating a securities firm of considerable size and scale in the US and global…