This year has seen some of the biggest deals inked between major players, shaking up the market structure and bringing with it a potentially huge impact on the future of trading. The TRADE reviews the mergers and takeovers that are already causing a stir in the industry.
Investigation by Competition and Markets Authority into ION Investment Group’s acquisition of Fidessa could delay the deal.
BNP Paribas’ clients globally will gain access to Fidessa’s GT multi-broker workstation and derivatives trading platform.
Block trades accounted for a record 51.9% of dark trading last week, according to statistics from Fidessa.
Temenos has withdrawn its bid for Fidessa in the face of an improved offer by ION Investment Group.
Tower Research Capital follows Virtu in joining Fidessa systematic internaliser program.
The UK’s FCA and antitrust authorities in the US have approved Temenos’ acquisition of Fidessa.
The UK Takeover panel sets 20 April deadline for both SS&C Technologies and ION Investment Group to make firm offers for Fidessa.
Fidessa confirms rival bidders ION Investment Group and SS&C Technologies without their consent.
Fidessa confirms it has received interest from two separate companies with higher bids than what Temenos first offered in February.