smartTrade Technologies announced it had bought Celoxica, a provider of execution infrastructure for listed equities, futures, fixed income and options. The 12 November announcement brings Celoxica's managed access to more than 80 trading venues into a group whose services include OTC pricing, trading and payments technology.
Celoxica provides feeds, order gateways and pre-trade risk checks. smartTrade says the deal adds listed execution infrastructure to its LiquidityFX and kACE workflows and brings Celoxica's technology to a group serving more than 250 clients. Jean-Marc Bouhelier remains in charge of Celoxica and joins smartTrade's executive committee. The group says existing contracts and support continue.
Sources FX News Group
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