21 February 2018
Visit www.capgemini.com/worldreports

Cinnober buys stake in FfastFill

25 February 2011  |  8277 views  |  0 handshake

Swedish trading technology vendor Cinnober has acquired a three per cent stake in UK rival FfastFill.

In a brief statement, FfastFill says that, as of this week, Cinnober holds 12,000,000 ordinary shares of one pence each.

FfastFill claims over 80 customers for its technology covering derivatives trading and risk management. Cinnober counts Deutsche Börse, Nyse Liffe and MTF Burgundy among its customers although the vendor recently lost out when the LSE migrated its Turquoise platform to the in-house MillenniumIT system.

The move to acquire a small stake in FfastFill could presage a tie-up, claims the Financial Times, although any deal would depend on Ion Trading, which holds a 25% stake in the UK firm.

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

FfastFill expects FY profit, appoints Purdey CEO

FfastFill expects FY profit, appoints Purdey CEO

02 April 2009  |  7400 views  |  0 comments
FfastFill raises £1 million; losses widen

FfastFill raises £1 million; losses widen

19 November 2008  |  4556 views  |  0 comments
Burgundy MTF selects Cinnober trading technology

Burgundy MTF selects Cinnober trading technology

24 September 2008  |  7126 views  |  0 comments
Ffastfill offer talks terminated

Ffastfill offer talks terminated

05 March 2007  |  4953 views  |  0 comments
FfastFill rises on bid approach

FfastFill rises on bid approach

04 January 2007  |  4143 views  |  0 comments
Ffastfill to raise £3.1m in share placing

Ffastfill to raise £3.1m in share placing

29 April 2005  |  4908 views  |  0 comments
LME signs electronic matching deal with Cinnober

LME signs electronic matching deal with Cinnober

26 November 2002  |  4949 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit www.ebaday.comvisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11946 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9715 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9461 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8225 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7477 views comments | 19 tweets | 18 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job