IHS, a provider of information and analytics to corporate America, and Markit, a market data and trading solutions vendor based in the U.K., have signed a definitive agreement that will combine the two in an all-share merger of equals to create an $13 billion provider of market data, analytics and solutions, say officials from both… Read More >>
Markit Hopes to Close DealHub Acquisition This Quarter
In a bid to offer comprehensive foreign exchange (FX) solutions, Markit, a vendor of financial information and processing services, reports an agreement for it to acquire DealHub, a provider of trade processing and trading services for FX markets. The acquisition is expected to close in the third quarter of the year, according to a Markit… Read More >>
Crédit Agricole CIB Picks DealHub for FX Ops
London-based Option Computers Ltd., a provider of trading, trade processing and business intelligence solutions for financial markets, reports that DealHub, its flagship foreign exchange, post-trade connectivity platform, has been deployed at Crédit Agricole Corporate and Investment Bank (CIB). “DealHub’s modular platform combines the firm’s comprehensive market connectivity with flexible, rules-based trade routing and processing, to… Read More >>
KCG Hotspot Joins Option’s FX Hub
Option Computers Ltd., a London-based provider of trading, trade processing and business intelligence solutions, via its flagship DealHub product, reports that KCG HotSpot, an institutional foreign exchange (FX) specialist that employs electronic communications networks (ECNs) to provide its clients access to other players in the currency markets, is connected to the DealHub FX Distribution Hub… Read More >>
Broadridge and Scivantage Tackle TARP III as SS&C Updates GoWire
Broadridge and Scivantage to Take on TARP III Broadridge Financial Solutions clients will gain access to the Maxit tax lot accounting system for cost-basis reporting from Scivantage, according to a strategic partnership targeting financial services firms that need help with so-called TARP III compliance, say officials from both companies. In April, the Internal Revenue Service… Read More >>
