Trading Technologies completes acquisition of Abel Noser’s START
Initially expected to close in Q1 2024, the deal is the second and final part of Trading Technologies’ acquisition of Abel Noser’s offerings.
Initially expected to close in Q1 2024, the deal is the second and final part of Trading Technologies’ acquisition of Abel Noser’s offerings.
Announced in April, the $785 million transaction will see Tradeweb add corporate treasury professionals as a fourth client channel.
“Quod has integrated all of the historical market data now, which gives us and them, the opportunity to onboard more and more clients within that space even more efficiently,” Rob Kirby, head of EMEA sales and business development at QuantHouse, tells The TRADE.
The deal, once approved, will see Clear Street enhance its equity trading capabilities for the buy- and sell-side; transaction expected to close in Q3 2024.
Through the acquisition of Elwood Technologies, Zodia Markets will “significantly” enhance its digial asset services and the diversification of its offering; following close the new entity will be known as Zodia Markets Jersey.
The transaction will see Impax AM add Absalon’s global high yield and emerging market corporate debt strategies to its fixed income range.
Following the merger, Credit Suisse (Schweiz) will no longer exist as a separate entity.
As well as the acquisition of an equity stake, the partnership also encompasses a distribution agreement and a joint venture.
The plan is to build a new private Google Cloud region to support CME Group’s global trading, offering derivatives traders access to “cloud-based, ultra-low-latency networking and high-performance computing”.
Following the completed transaction, CSIP will operate as BANTLEON Convertible Experts and will maintain existing leadership.