Dear Clients and Friends,
Today, our client NYSE Euronext announced that it has agreed to acquire a strategic interest in Fixnetix Limited, the London-based provider of ultra-low latency data, co-location, trading services and risk controls. The agreement includes an option for NYSE Euronext to acquire the remainder of Fixnetix over the next three years. We are pleased to have been the exclusive strategic and financial advisor to NYSE Euronext on this strategically important transaction.
Fixnetix, winner of the 2011 Deloitte Technology Fast50 UK, provides outsourced managed services across multiple asset classes to global banks, hedge funds and proprietary trading groups seeking ultra-low latency trading, market data, hosting, infrastructure connectivity and risk management solutions. The company has a presence in 33 co-location and proximity hosting centers across Europe and the US and offers trading access to more than 50 markets worldwide. NYSE Technologies and Fixnetix will continue to operate independently. Where appropriate, the companies intend to work together to offer customers integrated market access to liquidity venues in Europe, the Americas and Asia. The transaction is subject to customary closing conditions.
The NYSE Euronext press release can be read here. We thought you would be interested.