Just as the London Stock Exchange and Deutsche Börse Group are in a tango over a potential merger, Deutsche Börse officials took a side step and agreed to sell International Securities Exchange Holdings, Inc. (ISE) to Nasdaq for a total cash consideration of $1.1 billion, officials say. Nasdaq and Deutsche Börse officials confirm that they… Read More >>
ISE to Launch Third Options Exchange
The SEC has approved an application from the exchanges conglomerate International Securities Exchange Holdings (ISE) for a third options exchange, dubbed ISE Mercury, that is intended to help ISE build upon the reach of ISE and ISE Gemini and expand the ISE customer base. With the regulatory approval, ISE Mercury will begin trading listed option… Read More >>
Risk Analytics Pioneer to Get $10M PE Infusion
Risk analytics vendor Hanweck Associates will be getting $10 million in private equity financing and a large part of that debt and equity package will help fund the vendor’s exploration of innovations for margin and collateral optimization. A New York-based private equity firm, The Argentum Group has secured the financing and will have a cooperative… Read More >>
