Tag: acquisition

April 04, 2016 BY Mike Fox

Thomson Reuters acquires WM/Reuters Foreign Exchange Benchmarks from State Street Corporation

Thomson Reuters today announced it has acquired WM/Reuters FX benchmark rate calculation business of The World Markets Company (WM) from State Street Corporation. The acquisition will be effective immediately. The acquisition of the WM/Reuters FX benchmark means Thomson Reuters will own, administer and calculate this important benchmark, which is used by financial professionals across the…

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July 26, 2015 BY Andrew Saks-McLeod

Deutsche Borse buys 360T for 725 million euros

In June 2015, LeapRate had stated that U.S. private-equity firm Summit Partners was looking at selling 360T in a potential 600 million euro ($675 million) deal and had hired Jefferies to handle the sale. The agreement by Deutsche Boerse to acquire the firm at 725 million euros outstrips the original estimate

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April 30, 2015 BY Mike Fox

FinFX transfers retail business to CySEC regulated Best Choice FBC Ltd

Finland based broker FinFX has made some surprising news today as they have merged their retail business with IB and partner oriented brokerage Best Choice FBC Ltd, who is regulated by CySEC but until this point has catered to dealing with IBs and money managers doing business as BCFXbroker. Announced today on the FinFX company blog was…

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