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The HFT firm is acquiring Cantor Fitzgerald’s ETF and wholesale market-making businesses, and wants to bring cutting-edge trading IT to the masses.
High-frequency trading (HFT) firm GTS is acquiring for an undisclosed sum the exchange-traded funds (ETFs) and wholesale market-making businesses of Cantor Fitzgerald, a move that will bring institutional and retail clients the same access to the benefits of machine learning, artificial intelligence (AI) and execution technology, GTS officials say. GTS describes itself as “a quantitative...
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