Dash Signs Off on eRoom Securities Acquisition
The acquisition will see the eRoom Securities platform be re-branded as Dash Prime.
Dash Financial Technologies has signed a definitive agreement to acquire eRoom Securities, a Chicago-based provider of clearing, reporting and brokerage technologies, for an undisclosed amount.
The move marks Dash’s entrance into the brokerage space and follows on from last year’s merger in March with LiquidPoint, Convergex’s options trading and technology business.
The eRoom platform will be rebranded as Dash Prime and will continue to be headed up by eRoom Securities’ current CEO, Collin
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