Ion-Broadway Merger Approved with Strings Attached
Broadway chief executive Tyler Moeller leads a consortium to buy the divested fixed-income business.
The UK competition regulator has approved the merger of Ion Investment Group and Broadway Technology on the proviso that Ion sells Broadway’s fixed-income business, including the underlying software and brand, to a consortium led by Broadway chief executive Tyler Moeller.
A source close to the Competition and Markets Authority (CMA) confirms that, once it deems competition to be restored, the divested business is “set on its way and the regulator does not have a role after that to regulate the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Experts urge banks to prep for quantum’s reckoning
Mathematicians across the world warn that current encryption methods will be crackable by quantum computers inside the current decade, but banks have been reluctant to prepare.
DTCC revamps tech abilities following global reporting overhaul
The Repository & Derivatives Services unit is implementing new technologies to help its clients keep up with changing reg reporting regimes.
Waters Wavelength Ep. 336: Tokenization mania
This week, Tony and Shen talk about the topic that everyone seems to be talking about...tokenization.
Finos’ orchestration platform, digital asset hype, OMS news and more
The Waters Cooler: ISI’s sovereign debt footprint, Bolsa Mexicana’s modernization efforts, Franklin Templeton’s DeFi play, and more.
BlackRock and DRW execs bullish on tokenization potential
DRW’s Don Wilson expects every instrument to be traded on-chain in five years’ time.
Barclays carefully studying stablecoins
CEO CS Venkatakrishnan called the class of digital assets “broad and fascinating,” but urged peers to consider how it fits into the current banking deposit framework.
How an asset manager employs analytics to evaluate performance
Channing Capital, an institutional investment firm managing nearly $5 billion in assets, uses Aapryl to analyze its performance.
Nasdaq looks to ramp up tokenized securities efforts
Nasdaq CEO Adena Friedman wants to see tokenized securities come to the US markets “in a staged process.”
