The about to be merged business and financial information providers IHS Inc. (NYSE:IHS) and Markit Ltd (NASDAQ:MRKT) have announced that the combined company, which will be renamed IHS Markit Ltd., will be listed on the Nasdaq Global Select Market under the new trading symbol 'INFO'. IHS and Markit announced their plans for a $13 billion merger…
Read moreFinancial info services specialist Markit Ltd (NASDAQ: MRKT) has announced that it has agreed to acquire Prism Valuation, a Toronto-based provider of independent valuation and risk analysis of derivatives and structured products. Prism Valuation’s customers include regional banks, custodians, asset managers and issuers of structured notes. The acquisition is expected to close in the coming…
Read moreBusiness analytics provider IHS Inc. (NYSE: IHS) and financial info services specialist Markit Ltd (NASDAQ: MRKT) today announced senior executive leadership appointments for IHS Markit following the consummation of their planned $13 billion merger that was announced on March 21, 2016. The appointments will be effective upon completion of the proposed merger transaction, which is…
Read moreExpands use to support KYC, AML, tax, credit and legal agreements
Read moreInternational provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that it has acquired an interest in UK-based commodity markets research and price reporting agency PRIMA. PRIMA’s price assessment service provides impartial benchmarks for global niche markets in renewable commodities. PRIMA has designed its own unique competitive proprietary pricing software to eliminate some of…
Read moreInternational provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that Santa Fe-headquartered Thornburg Investment Management (TIM) has selected its enterprise data management (EDM) solution. TIM, a global investment firm with $56 billion in assets under management, will implement Markit EDM to address data quality and governance issues in the firm’s legacy applications and…
Read moreInternational provider of financial services Markit Ltd (NASDAQ:MRKT) and Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO(MCX:MOEX), today announce that Markit's FX pricing distribution hub service added MOEX to its network of trading venues. The partnership will provide FX market participants with cost-effective trading access to one of the world's fastest growing exchanges. MOEX's FX ruble…
Read moreMarkit Ltd (NASDAQ:MRKT) and IHS Inc. (NYSE:IHS) today unveiled their agreement to merge, creating a giant in critical information, analytics and solutions. Based on the closing prices of IHS and Markit common stock on March 18, 2016, the implied equity value of the transaction exceeds $13 billion. The transaction has gained the unanimous approval of…
Read moreMarkit Ltd (NASDAQ: MRKT), a leading global provider of financial information services, today announced the launch of a new service that enables banks to affirm FX trades executed by inter dealer brokers. Seven inter dealer brokers and eight banks have signed to use the service, which expands Markit’s centralised solutions for the FX market. Affirming…
Read moreCLS Group (CLS), a provider of risk mitigation and operational services for the global Forex market, and Markit Ltd (NASDAQ:MRKT), an international provider of financial information services, today announced the launch of a new Forex settlement service for the cross currency swaps market. The new service, built in consultation with major financial institutions in the…
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