Hints and tips:
...Ted Myerson, chief executive of FTEN, described FTEN’s service as: “Aggregating data from clearing houses and exchanges, then normalising it and using it for real-time to effect control....
...Last year Nasdaq acquired FTEN, a software firm. It also saw an increase in market technology revenues of 5 per cent, to $45m, and a 7 per cent increase in revenues from market data, to $87m....
...Nasdaq OMX bought FTEN, a privately held US company specialising in pre-trade risk management, a year ago as part of its expansion into technology and IT services....
...Pushed off its own track of globe-trotting deals a few years earlier – aside from an ill-fated attempt to block NYSE Euronext’s Deutsche deal – Nasdaq has been scooping up tech groups such as Smarts and FTEN...
...Access services, which includes revenues from its acquisition of FTEN last year, saw revenues of $60m, up 33 per cent from FTEN’s revenues a year ago....
...A tie-up between Nasdaq OMX’s FTEN and Australia’s Object Trading late last year offered broker-dealers better ability to monitor risk across asset classes in real-time, both before and after trades have...
...Nasdaq OMX’s recent purchase of FTEN, a specialist in pre-trade risk management, and Smarts, its trade surveillance business, shows that some large markets infrastructure groups see that such safeguards...
...He said that as a result the yield achieved per matched trade had risen as revenues had come in from services such as FTEN, a pre-trade risk management company acquired last year, and Smarts, a real-time...
...Anticipated demand for pre-trade risk services was a driver for the acquisition by Nasdaq OMX last year of FTEN, a specialist in such services....
...FTEN is majority owned by Outfitter Ventures, a Silicon Valley-based private equity firm; FTEN management and employees; and Merrill Lynch, Goldman Sachs, JPMorgan, and Credit Suisse, with collectively less...
...That was mostly due to higher expenses associated with the acquisition of FTEN, a company specialising in pre-trade risk management, of Smarts, which makes market surveillance systems, and of Nord Pool,...
...“We didn’t buy Chi-X, we bought FTEN and Smarts, and we obviously feel pretty good about that.”...
...Nasdaq OMX, the US exchange operator, last year bought FTEN, a privately held US company specialising in pre-trade risk management while Markit bought risk analytics business QuiC....
...Nasdaq OMX, the US exchange operator, last year bought FTEN, a privately held US company, while Markit bought QuiC, although both small companies specialise in pre-trade risk management....
...Recent acquisitions, such as the purchase of FTEN, a specialist in pre-trade risk management systems, also helped drive revenue up 8 per cent to $400m in the fourth quarter, over the same period a year earlier...
...Operating expenses for the coming year would be between $920m and $940m after recent small acquisitions of Smarts, the Australian market surveillance software group, and FTEN, the pre-risk trade management...
...The SGX announcement follows the acquisition by Nasdaq OMX, the US exchange operator, of FTEN, a privately held US company specialising in pre-trade risk management....
...connected to a plethora of venues under “co-location” arrangements (see box) – each with slightly different trading infrastructures – doing so is not always easy, according to Valerie Bannert-Thurner at FTEN...
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