ION’s acquisition of DASH and Broadway, TS Imagine’s merger, and Broadridge’s acquisition of Itiviti all took place recently as the market continued to consolidate.
Tag: Dash Financial Technologies
Under the terms of the deal, DASH becomes part of the ION markets division, which provides trading automation, analytics and innovation across the trade lifecycle.
The deal will see ION acquire the options technology and execution provider from private equity firm Flexpoint Ford, which acquired DASH in 2018.
The new system allows for automated RFQ trading and it has been designed to tackle liquidity seeking challenges in US listed options.
Steven Bonanno joins Dash after almost three years leading risk operations for the Bloomberg Tradebook agency brokerage business.
Venu Palaparthi will lead regulatory affairs at Dash after holding senior positions at Virtu Financial and Nasdaq.
Dash360 platform gains real-time analytics for its recently developed portfolio trading algorithm.
Scott Patrick brings 25 years’ experience to Dash and will lead the company’s financial planning and operations.
Acquisition of Chicago-based tech vendor follows deal last year for Convergex’s options business, Liquidpoint.
Industry veteran Glenn Lesko handed responsibility for global growth strategy of Dash Financial Technologies following management buy-out in March.