Thomson Reuters acquires Aegisoft
First Published Tuesday, 9 February 2010 from Automated Trader : Direct Market Access News
Thomson Reuters boosts electronic trading capabilities, offers direct market access through acquisition of Aegisoft
Stephen Wilson, Global Head of Exchange Traded Instruments, Thomson Reuters: "Thomson Reuters acquisition of Aegisoft helps take our transactions platform for exchange traded markets to the next level to meet the growing demand for clients seeking DMA and more sophisticated trading support tools."
Thomson Reuters has announced that it has acquired the assets and business of Aegisoft, a US-based provider of electronic trading solutions and testing tools.
Aegisoft has built its business on the Athena product line, a multi-asset trading platform which provides order and execution management, exchange connectivity and foreign exchange aggregation, as well as client and exchange simulators.
The acquisition of Aegisoft strengthens Thomson Reuters desktop transactions capability across exchange traded markets and is a significant step forward in its strategy to offer clients, broker sponsored direct market access (DMA) through both its terminals and order routing networks. Thomson Reuters desktop customers will now have direct access to both exchanges and alternative trading systems.
"Thomson Reuters acquisition of Aegisoft helps take our transactions platform for exchange traded markets to the next level to meet the growing demand for clients seeking DMA and more sophisticated trading support tools. Consolidating our complete transactions workflow into a simple, powerful trading platform within the desktop will bring greater efficiencies and improve trading opportunities for our clients. We are excited about the capabilities this acquisition brings for our customers and look forward to bringing further workflow propositions to market through 2010," said Stephen Wilson, Global Head of Exchange Traded Instruments, Thomson Reuters.
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