Trading exchanges company Nasdaq has made a $190 million, recommended all-cash public offer to purchase Swedish financial technology provider Cinnober, which serves key players in the securities industry. The offer to the shareholders and warrant holders of Cinnober is intended to strengthen Nasdaq’s position as an infrastructure provider of trading, clearing and exchange technology and… Read More >>
Nasdaq to Buy eVestment for $705 Million
eVestment to Join Nasdaq’s Global Information Services Group The Nasdaq Stock Market is moving to acquire vendor eVestment, a content and analytics provider, in a bid by the exchanges company to “deliver attractive shareholder returns” via a company whose client base includes asset managers, investment consultants and asset owners, officials report. Nasdaq will pay $705… Read More >>
Nasdaq, CME Group Name New Executives for 2017
Nasdaq and the CME Group are changing their executive line-ups just in time for what is likely to be a new regulatory and investing environment next year under the new Trump administration. Nasdaq has announced that its board of directors has selected Adena Friedman to be the next president and CEO, and a new member… Read More >>
