TP ICAP intends to buy European brokerage group Louis Capital Markets and MidCap Partners for $21 million in cash. It will also pay deferred sums based on non-contingent and contingent considerations. The interdealer broker expects to complete the deal in the first quarter of 2020, strengthening its equity, equity derivatives and fixed income product line-up and its position in Continental Europe. Louis Capital operates in London and Paris, with other offices in New York, Hong Kong and Tel Aviv.
A-Team Insight Briefs
Don’t miss this opportunity to view the recording of this recently held webinar. Buy-side firms are grasping the nettle of data management with a view to driving business transformation programmes, dealing with data fragmentation and quality issues, streamlining operations and achieving effective cost management. The webinar will discuss how the buy-side is embedding data management,...
By Justin Lyon, Founder and CEO of Simudyne. Sell-side firms are finding themselves extremely challenged in algo pre-production. According to our recent survey of 15 sell-side executives involved in algo trading, modeling is the most common, significant and recurring issue in algo pre-production – with many concerned that this is holding them back competitively. The...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
The current financial crisis has highlighted that financial institutions do not have a sufficient handle on their data and has prompted many of these institutions to re-evaluate their approaches to data management. Moreover, the increased regulatory scrutiny of the financial services community during the past year has meant that data management has become a key...