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2203 Results from /wholesale, 2002

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Interactive Data to buy Merrill Lynch pricing service

Merrill Lynch is to sell its securities pricing service to Interactive Data Corporation in a $48 million deal.

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E*Trade pursues Australian expansion

E*Trade Group has entered a non-cash agreement to acquire a 7.5 per cent equity stake in E*Trade Australia.

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Brief: MDEX goes live with e-trading

Malaysian Derivatives Exchange (MDEX) has completed migration from open outcry floor trading to a new electonic system.

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Tel Aviv Stock Exchange upgrades back-up systems

The Tel Aviv Stock Exchange has upgraded and relocated its contingency facilities to ensure trading and clearing will continue to function in the event of an emergency at the company's main premises.

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SmartStream launches Intra-Day cash module

SmartStream Technologies has introduced a new module to its reconciliations suite which enables financial institutions to predict real-time cash balances without waiting for end-of-day reporting.

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Advent to acquire Kinexus for $68.5 million

San Francisco-based investment technology vendor Advent Software is to acquire Kinexus Corporation, for approximately $68.5 million.

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Niklas Midby to leave OM

Niklas Midby, executive vice president of Swedish trading technology company OM and head of division transaction, has chosen to leave the company rather than take up the vacant CFO position, as previously announced.