.
MergerLinks Header Logo

New Deal


Announced

Completed

GTS completed the acquisition of equity options trading division of Barclays.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

equity options

United States

Acquisition

Private

Friendly

Financial Data and Systems

market maker

financial instruments

Majority

Single Bidder

Synopsis

Edit

GTS, an electronic market manufacturer, completed the acquisition of equity options trading division of Barclays. Financial terms were not disclosed. As part of the transaction, approximately 40 Barclays personnel became full-time GTS employees. In total, the business trades approximately 2% of all exchange-traded equity options volume in the US. "The data-driven, pricing precision of GTS is more important than ever in today’s unpredictable and highly volatile market environment. As has been reinforced during the current crisis, superior trading technology is essential to market participants and the overall functioning of our capital markets,” Ari Rubenstein, GTS Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US