Preliminary results from the GFI shareholder meeting held on Friday morning in New York indicate that GFI shareholders did not approve the proposed merger. As a result, the parties each determined that terminating the merger agreement and related transactions was in the best interest of their respective companies and shareholders at this time
Read moreFollowing regulatory approval by the FCA of Charles-Henri Sabet's proposed financing plan, Mr. Sabet has been appointed Executive Chairman of the company with immediate effect
Read moreITG reduced its operational costs by closing an overseas development center, however revenue is slightly down YoY to $138.5 million as company forges ahead with RFQ-hub purchase.
Read moreIn addition to CME's acquisition of FENICS and Trayport for $4.55 per share, a private consortium of GFI Group management will acquire brokerage business for $165 million in cash
Read moreGAIN Capital subsidiary GTX Bermuda has paid $12.4 million in cash to Valaquenta along with 861,935 shares of common stock to Forexster as consideration for acquired assets.
Read moreLondon-based spread betting company ETX Capital has purchased Ireland's Shelbourne Markets for an undisclosed sum, gaining 10,000 clients.
Read moreSlow trading levels by U.S. retail investors has hurt both companies.
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