20 January 2018
visit http://response.ncr.com

Colt to buy MarketPrizm - FT

22 February 2011  |  10830 views  |  0 Buy Road sign

Telecoms firm Colt is on the verge of buying trading technology outfit MarketPrizm from Chi-x Global, according to the Financial Times.

Part of Chi-Tech, MarketPrizm offers market participants connectivity, co-location and hosting, low latency market data, and third-party applications.

With parent Instinet seeking to streamline the business and focus on its growing network of trading platforms in Asia and Latin America, MarketPrizm was put up for sale last year.

Colt is close to agreeing a deal and hopes to make the acquisition public when it reports full year results on Friday, says the FT, citing "two people familiar with the matter".

Colt closes in on MarketPrizm acquisition - FT (subscription)

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Bats agrees Chi-X Europe acquisition

Bats agrees Chi-X Europe acquisition

21 February 2011  |  10575 views  |  1 comments
Chi-East dark pool launches

Chi-East dark pool launches

11 November 2010  |  6749 views  |  0 comments
Chi-X set for Japan launch

Chi-X set for Japan launch

07 July 2010  |  8942 views  |  0 comments
Nomura launches low-latency European trading service

Nomura launches low-latency European trading service

22 October 2009  |  5593 views  |  0 comments
Chi-X to launch dark pool

Chi-X to launch dark pool

22 April 2009  |  7107 views  |  0 comments
Chi-X acquires exchange technology specialist Cicada

Chi-X acquires exchange technology specialist Cicada

18 November 2008  |  11977 views  |  0 comments
Colt wins Borsa Italiana IP-VPN contract

Colt wins Borsa Italiana IP-VPN contract

20 November 2007  |  3855 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.capgemini.comvisit www.vasco.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
12235 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
7545 views comments | 11 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
7415 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
6650 views 1 | 6 tweets | 2 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job