Pipeline Dives Into Block Options

The two crossing network providers began discussing a possible acquisition of assets in February and recently completed the transaction.

"We were speaking with other firms and got a call from Pipeline," says David Mortimer, CEO of 3D Markets. "We were impressed with how quickly Pipeline grasped the concept of what we do, how well it knew the options industry, and how fast it could move."

Under the terms of the deal, Pipeline acquired 3D Markets' Archangel Blind Bid Cross and the Archangel

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