Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Majority
Single Bidder
Completed
Friendly
United Kingdom
fixed-income market
software
FinTech
Private Equity
Synopsis
Interdealer broker BGC Partners completed the acquisition of Algomi, a bond trading software and pre-trade analytics provider. Financial terms were not disclosed. It is understood that Algomi will be integrated with BGC’s Fenics business, which provides electronic trading services and software in various asset classes, including foreign exchange, derivatives and fixed income.
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