Stop Press: Reuters Set To Buy EJV Partners For $30 Million?

As IMT went to press, market sources were abuzz with talk that Reuters Holdings Plc had made a bid to acquire EJV Partners L.P. for $30 million. The figure compares with the partners' estimated $80 million investment in the company.

A Reuters spokesperson declines to comment on the rumor; EJV president Bruce Peterson couldn't be reached. It wasn't immediately clear what impact any such bid would have on the EJV's planned technology

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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