A-Team Insight Blogs

Dash Financial Technologies Acquires eRoom Securities

Capital markets technology and execution provider Dash Financial Technologies has signed an agreement to acquire Chicago-based eRoom Securities.

The eRoom platform, which provides multi-asset trading technology, agency execution, risk management, reporting and clearing services to professional traders, institutions and hedge funds, will be rebranded as Dash Prime.

As the Dash Prime project gets underway, eRoom leadership will continue to be headed by Collin Carrico and Ben Schwartz.

“Joining forces with Dash puts us at the leading edge of technology and enables us to broaden our prime services suite to create more opportunities for our current and future clients,” says Carrico.

The transaction is expected to close in Q1 2019, contingent upon standard closing conditions including regulatory approvals.

Share article

Related content

WEBINAR

Recorded Webinar: Get to grips with FRTB data and data management requirements

Don’t miss this opportunity to view the recording of this recently held webinar. The Fundamental Review of the Trading Book (FRTB) sets out a revised market risk framework and proposals to improve capital requirements. Although the regulation’s compliance deadline is 18 months away and some details have yet to be finalised, financial institutions need to...

BLOG

A Recurring Refrain

Pattern recognition is obviously a handy skill to have when dabbling in the financial markets, but it’s not something often applied to regulatory developments. However, the eagle eyed of you out there may have spotted a theme and a recurring refrain within a whole host of recent regulatory papers, including the MiFID Review, UCITS IV,...

EVENT

TradingTech Summit New York City

Our TradingTech Summit in New York City is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

RegTech Suppliers Guide 2019

Welcome to our brand new RegTech Suppliers Guide. This unique guide provides detailed data profiles on close to 100 suppliers in the RegTech world, offering you an unrivalled selection of solutions for your most pressing financial regulatory challenges. The aim of the A-Team’s RegTech Suppliers Guide is to steer you through this complex marketplace, offering...