Intercontinental Exchange has entered into an agreement to acquire Virtu BondPoint from Virtu Financial for $400 million in cash. The transaction is expected to close in the first quarter of 2018, and the closing is subject to applicable regulatory reviews and approvals. BondPoint is a provider of electronic fixed income trading solutions for the buy-side and sell-side offering access to centralized liquidity and automated trade execution services through its ATS linking more than 500 financial services firms.

Exegy Inc., a leading provider of managed services and technology for low-latency financial market data, has hired Carlos Lopez Lansdowne as its Sales Director for Europe and Asia, based in London. Mr. Lansdowne has responsibilities for sales of Exegy products and services, as well as development of partnerships to expand its enterprise ecosystem.  He reports directly to chief operating officer Rod Arbaugh. “Our success in preparing our European clients for MiFID II and deploying new solutions to Tokyo and Hong Kong have generated extraordinary growth opportunities for us. ...

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As MiFIDII draws near, are financial institutions ready to publish their pre and post-trade market data? Here’s what they need to know about APAs. (Reuters)

Nasdaq Vice Chairman Hans Ole Jochumsen, who has been focused on expanding the transatlantic exchange operator’s European operations, will retire at the end of the year, he said according to a story in Reuters News. “I‘m very excited and have been looking forward to this for a long time,” said Jochumsen, who added he made a plan more than 30 years ago to retire by age 60. Since joining the New York-based company in 2008 when it merged with Nordic exchange operator OMX, Jochumsen has helped guide strategy, taking the lead on many deals, such as the recent acquisitions...

Thomson Reuters has partnered with the University of Western Australia (UWA) as a key technology provider for the newly launched Rosemarie Nathanson Financial Markets Trading Room which will provide students and researchers with industry leading access to financial markets. The cutting-edge trading room is the largest in the Pacific and will supply 50 users with access to Thomson Reuters flagship financial desktop, Eikon, providing analytics tools, real-time data and financial information to facilitate the faculty’s research capabilities and teaching environment. UWA Vice-Chancellor...

A new report released by Broadridge Financial Solutions, Inc. based on research by Greenwich Associates, examines the impact that cloud computing, artificial intelligence (AI), and distributed ledger technology will have in driving new revenue and cost savings opportunities for capital markets firms. While the opportunity to leverage these technologies to improve business is clear, these financial institutions are concerned that they don’t have sufficient resources and expertise to realize the full potential of these disruptive capabilities. The report “Pathways to Profit:...

Broadridge Financial Solutions, Inc. has acquired Summit Financial Disclosure, LLC, a full-service financial document management solutions provider. Summit’s document composition and regulatory filing services will be integrated with Broadridge’s proxy voting and shareholder communications services to create an end-to-end solution that spans the corporate disclosure lifecycle from private funding, through capital markets transactions and ongoing communications to regulators and shareholders. Broadridge has a 30-year history of providing corporate issuer solutions including proxy...

OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, and the Canadian Securities Exchange (CSE), announced that they will launch a strategic alliance that will offer a new program for issuers looking for an efficient IPO experience in Canada and cost-effective access to North American investors. This solution will offer issuers the CSE's IPO listing and trading services, coupled with the U.S. disclosure distribution and secondary trading on OTC Markets' OTCQX Best Market/OTCQB Venture Market.  The resulting combination will offer an alternative...