10 December 2016
Visit aciworldwide.com

Ion Trading agrees WallStreet acquisition

21 April 2011  |  14508 views  |  0 handshake

Ion Trading has signed a definitive agreement to acquire Wall Street Systems. No financial details have been disclosed.

Founded in 1986, New York-headquartered WallStreet employs around 700 staff at 14 offices in North America, Europe and Asia. It claims over 650 customers for its FX trading and treasury technology.

The company has been majority-owned by PE-firm Warburg Pincus since 2006 but has been in the shop window for some time. News of a deal with Ion Trading was circulated by internal mail at the company Thursday.

A Wall Street spokesman has confirmed to Finextra that a "definitive agreement" has been struck with Ion, which sells trading, pricing and risk management technology.

No other detail were forthcoming.

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

Wallstreet buys Thomson Reuters corporate treasury manager service

Wallstreet buys Thomson Reuters corporate treasury manager service

10 January 2011  |  10092 views  |  0 comments
Wall Street Systems acquires City Financials

Wall Street Systems acquires City Financials

02 June 2010  |  9166 views  |  0 comments
Wallstreet obtains $105m secured credit facility

Wallstreet obtains $105m secured credit facility

10 September 2008  |  5512 views  |  0 comments
Ion Trading acquires finvision Financial Systems

Ion Trading acquires finvision Financial Systems

28 June 2005  |  6677 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit aciworldwide.comVisit capgemini.comFind out more

Top topics

Most viewed Most shared
China tops world fintech rankingsChina tops world fintech rankings
8750 views comments | 39 tweets | 32 linkedin
EBA bends under weight of PSD2 mandatesEBA bends under weight of PSD2 mandates
8331 views comments | 37 tweets | 48 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
8075 views 12 comments | 15 tweets | 27 linkedin
PSD2 will transform the payments landscapePSD2 will transform the payments landscape
7292 views comments | 24 tweets | 13 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6919 views comments | 20 tweets | 24 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job