Alliances, Mergers & Acquisitions
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…
More Consolidation on the Buy Side as Broadridge Nabs Bonaire
This week it was announced that Broadridge bought Bonaire. Anthony examines the implications.
Broadridge Buys Bonaire in Continued Buy-Side Push
Broadridge Financial Solutions has acquired buy-side focused vendor Bonaire Software Solutions for an undisclosed sum. The deal is expected to close next month.
Futures Trade Bodies Combine as FIA Global
The Futures and Options Association (FOA) and the Futures Industry Association (FIA), trade groups representing participants in derivatives markets, have agreed to merge, and will become a single organization under the name FIA Global.
Icap Invests in Portfolio and Data Analytics Firm EFM
Interdealer broker Icap has invested in portfolio reporting and data analytics firm Enso Financial Management (EFM) to support its growth strategy.
Datawatch Agrees Panopticon Purchase
Big-data specialist Datawatch has announced an agreement to acquire Swedish visualization and analytics vendor Panopticon.
