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BGC Partners to acquire Perimeter Markets

First Published 26th August 2016

BGC Partners announces agreement to buy Perimeter Market, an operator of electronic trading platforms in Canada.

Toronto - BGC Partners, the brokerage company servicing the financial and real estate markets, has announced that BGC has entered into an agreement to acquire Perimeter Markets. Perimeter Markets is an independent provider of electronic fixed income and futures trading in Canada, through its CBID platforms.

Details of the transaction were not disclosed, and completion of the transaction is subject to legal and regulatory approvals and certain closing conditions.