A brief follow-up to LeapRate's earlier report regarding the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP) by Tullett Prebon Plc (LON:TLPR)... At meetings held on March 24, 2016, shareholders in both companies approved the scheme of arrangement of the deal. The completion of the transaction remains subject to…
Read moreLondon Stock Exchange Group Plc (LON:LSE) and Deutsche Boerse AG (ETR:DB1) have just confirmed that they are in talks about a potential merger. The share prices of the two companies have seen a spike today following earlier press reports about the dubbed merger discussions. Key points: The official announcement from the companies states that the…
Read moreThe announcement comes after in April this year the companies signed a Letter of Intent to merge, and later - in May, Spondoolies received investment worth $1.5 million from BTCS.
Read moreThe acquisition will help enable Amercanex to continue to expand its’ ACE Marketplace application reach that will include providing streaming live pricing and charting for Amercanex Transacting Members, as well as for over 12,000+ MT4 brokers worldwide.
Read moreFXCM unloads part of its institutional capabilities to 'cousin company' Jefferies LLC. Jefferies is owned by Leucadia, which bailed out FXCM in January.
Read moreMGT Capital Investments, Inc. (NYSEMKT:MGT) has announced the suspension of merger talks with Tera Group, Inc., after the deadline set in the Letter of Intent, confined to the potential deal, expired on March 16, 2015. On February 27, 2015, the companies said they were planning a merger that would have to create the first publicly…
Read moreJust less than one week after GAIN Capital purchased British CFD and spread betting company City Index for $118 million, an industry insider close to City Index has explained that incumbent CEO Mark Preston may stand down as CEO and Chairman post-integtration
Read moreAcquisitions of specialist companies by large multinationals are continuing, with ICE having paid $350 million in cash to acquire SuperDerivatives
Read moreBGC's all-cash offer to purchase GFI exceeds the previous bid by CME to buy the firm for $580 million in July this year by a substantial sum
Read moreFollowing a transaction which took place earlier this month, Traders Trust has officially announced that it has taken over the client base of JFX markets in Cyprus
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