TD Bank Group completed the acquisition of Headlands Tech Global Markets.

TD Bank Group, the fifth largest bank in North America by assets, completed the acquisition of Headlands Tech Global Markets, a Chicago-based quantitative fixed income trading company. Financial terms were not disclosed. "This acquisition further strengthens our electronic bond trading infrastructure and underscores our commitment to delivering data-driven innovation and growing our global platform. Headlands Tech Global Markets' platform and people will expand our US capabilities in the municipal and corporate bond markets. We look forward to welcoming the team and working together to deliver an enhanced trading experience for our clients," Bob Dorrance, TD Securities Chairman, CEO and President.