Deals and Transactions

Paladyne Systems has teamed up with Advise Technologies LLC, a regulatory reporting solutions provider, to specifically support Form PF requirements. »

FTSE Group is to licence futures and options based on the FTSE 100 Index to the National Stock Exchange of India. The licensing agreement will see the exchange launching the new product on 3 May, following recent regulatory approval granted by the Indian regulator. »

MarketAxess Holdings Inc (Nasdaq: MKTX), the operator of an electronic trading platform for US and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, has opened an office in São Paulo, Brazil. »

Royal Bank of Canada is to acquire the 50 per cent stake that it does not already own of the joint venture RBC Dexia Investor Services Limited (RBC Dexia) from Banque Internationale à Luxembourg SA (BIL) (formerly Dexia Banque Internationale à Luxembourg SA) for a total consideration of EUR837.5 million (CAD1.1 billion) in cash. Following the closing of the transaction RBC will own 100 per cent of RBC Dexia. »

Markit has acquired Data Explorers, a provider of global securities lending data, from mid-market private equity firm Bowmark Capital. »

Vistra has opened a new office in Mauritius to target the growing opportunities in the region and in particular in the African and Indian markets. Vistra (Mauritius) Limited opened on 02 April, following the granting of a licence to operate as a Mauritius management company by the local regulatory authority. »

IFG Group has signed an agreement for the sale of its entire International Division (Segment) to AnaCap Financial Partners II LP. »

HFR and Morningstar have launched a strategic distribution partnership with Morningstar Direct Institutional Software.  »

Payments on sovereign credit default swaps contracts related to Greece have been successfully completed, according to the Depository Trust & Clearing Corporation (DTCC). »

The Securities and Exchange Commission has established comprehensive arrangements with the Cayman Islands Monetary Authority (CIMA) and the European Securities and Markets Authority (ESMA) as part of a long-term strategy to improve the oversight of regulated entities that operate across national borders. »