Category: Institutional

May 14, 2021 BY Steffy Bogdanova

Marex expected to release registration document for IPO today

The company has identified significant consolidation opportunities within the relatively disjointed territory in which it operates. Within the market, many small players lack the necessary scale and are also beginning to struggle with the increasing burden of regulations and technology. Marex has also managed to demonstrate profitable growth despite the presence of recent market volatility,…

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acquisition
May 14, 2021 BY Steffy Bogdanova

ETX Capital to acquire all assets of UK fintech Oval Money

Guru Capital has stated that the merger ETX’s and Oval’s goals to allow access to a wide range of financial services. Launched in 2017, Oval Money Ltd. offers savings and investment options to more than 350,000 users via a mobile app. The company was incorporated by Italian entrepreneur Benedetta Arese in 2016. The company is…

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Acquisition
May 13, 2021 BY Steffy Bogdanova

S&P Global and IHS Markit issue update on merger

The divestiture is pending regulatory and antitrust authorities’ approval. According to the official update, S&P Global and IHS Markit are working with regulatory institutions on the proposed merger, including on the proposed divestiture. The merger is on track to close in the second half of 2021 as previously planned. HS Markit announced earlier in March…

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Eventus Systems
May 13, 2021 BY Steffy Bogdanova

Eventus Systems signs first Australian client - Morrison Securities

According to the official announcement, Morrison Securities will go live on Validus in July for trade surveillance of its activity on the ASX, Chi-X Australia (CXA) and the National Stock Exchange of Australia (NSX). The company will deploy the cloud-based version of platform, hosted in real-time. William Slack, Managing Director, Morrison Securities, added: We see…

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May 12, 2021 BY Steffy Bogdanova

Intertrader taps TraderEvolution for multi-asset trading solution

Shafiq Shabir, Head of Electronic Trading at Intertrader, commented: We’re delighted to be using the TraderEvolution platform to provide our multi-asset-class trading solution. Our Intertrader and Intertrader Black clients will enjoy the platform’s shared functionality across web, desktop and mobile. The platform delivers the functionality our traders demand, including the ability to trade directly from…

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Moscow Exchange
May 11, 2021 BY Steffy Bogdanova

Moscow exchange to acquire electronic marketplace platform INGURU

Yury Denisov, Chief Executive Officer of Moscow Exchange, commented: INGURU is one of the leaders in Russia in financial marketplaces for individuals. The acquisition of the platform is part of our strategy to enter markets adjacent to our existing business. The service will be integrated into the Finuslugi platform and will expand the range of…

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Acquisition
May 06, 2021 BY Steffy Bogdanova

Deutsche Börse to acquire remaining 49% of Clearstream Fund Centre

Stephan Leithner, Member of the Executive Board of Deutsche Börse AG and Clearstream Chairman, said: Clearstream Fund Centre has proved to be a highly complementary business for Clearstream’s fund operations businesses. Our two-step integration approach with UBS has enabled a seamless transition for clients and laid the perfect basis for our continued, long-term partnership with…

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partnership
May 06, 2021 BY Steffy Bogdanova

JPMorgan and Confluence announce new partnership development

Head of Product for Data and Analytics at JPMorgan’s Securities Services, Richard Crozier, said: The integration of JPMorgan ’s fixed income data and expertise with the Delta product represents the next stage in our ongoing collaboration with Confluence, and a huge step forward in increasing value to our clients globally. This new phase of our…

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