Alliances, Mergers & Acquisitions
NYSE Euronext Bid Puts 2012 on ICE
News of the IntercontinentalExchange’s (ICE’s) $8.2 billion cash-and-shares bid for the venerable New York Stock Exchange (NYSE) ends a year of speculation over consolidation and the future of the landmark equities operation at Broad and Wall Streets in…
Six Agrees to Acquire Oslo Clearing from Norway Børs
Six Group has agreed a deal to acquire 100 percent of Oslo Clearing from Norway's Oslo Børs for NOK 180 million (approximately $32 million).
Sapient Approved as Eris Training Partner
Boston-based Sapient Global Markets has been certified as an Implementation Partner by Eris Exchange, the Chicago-based futures exchange aimed at the OTC derivatives market.
Nasdaq OMX Acquires 25 Percent of TOM
Nasdaq OMX has acquired 25 percent of The Order Machine (TOM), a Dutch cash equities and equity derivatives trading venue.
Citi Joins with Tradable for FX
Foreign exchange (FX) platform Tradable has announced a partnership with Citi, which will allow brokers on its platform to transact with the bank through its CitiFX TradeStream.
BT Seeks Vendor Collaboration on Collaboration Tools
Data vendors could leverage BT's existing connectivity and collaboration platform to make it easier to engage with clients and counterparties, the telecoms vendor says.
HKEx Completes LME Acquisition
Hong Kong Exchanges and Clearing (HKEx) has completed its acquisition of the London Metal Exchange (LME), closing with the full acquisition of issued ordinary share capital in the UK-based bourse.
Ethernet Tech Vendor Emulex Buys Endace for Network Monitoring Play
Acquisition values Endace at $130 million, and is expected to close in early 2013
Cantor Expands to Ireland with Dolmen Deal
Cantor Fitzgerald has announced the acquisition of Dublin-based Dolmen Stockbrokers, in a move that gives the US firm an Irish presence.
KnightCo Looms, But First, Some History
Understanding the two behemoths at the center of the financial press these past few weeks, and the events that have led up to the present scenario.
Getco Outlines Merger with Knight in Board Letter
Electronic market-maker Getco has provided a solid outline of how a merger with Knight would operate in practice, in a formal bid submitted to the broker-dealer's board.
FSA Approves HKEx Purchase of LME
The UK Financial Services Authority (FSA) has given the green light for Hong Kong Exchanges and Clearing (HKEx) to acquire the London Metal Exchange (LME).
Advent and IntraLinks Combine for Research Offering
Advent Software has announced a partnership with IntraLinks, to create an automated interface between Tamale Research Management System (RMS) and IntraLinks.
Getco Makes Takeover Bid for Troubled Knight
Chicago-based Getco has tabled a bid to buy fellow electronic market-maker Knight Capital Group, which has been struggling since an expensive technical glitch cost the firm $460 million in August.
December 2012: The Other Butterfly Effect
Victor says acquisitions can be great successes or dismal failures, and firms must be vigilant and keep their focus on what matters.
Fidessa Adds Autex IoI Data to Trading Platform
Additions will provide traders with transparency into availability of block liquidity in a single platform
Shanghai Wind Expands Commodities Data With CACDA China Agricultural Content
Alliance will bring niche Chinese agricultural commodities data top a broader audience across Asia.
Caplin's Myles Sees Mobile Execution Apps on the Horizon
Patrick Myles, chief technology officer of London-based Caplin Systems, speaks to Victor Anderson at this year's European Trading Architecture Summit held at Canary Wharf in London.