NYSE EURONEXT CLOSES ACQUISITION OF DATA PROVIDER WOMBAT

 

Posted March 7, 2008

 

NEW YORK – NYSE Euronext has closed its $200 million acquisition of Wombat Financial Software, a market data management solutions provider, which will join TransactTools as part of the new NYSE Euronext Advanced Trading Solutions division.

 

“Wombat, together with TransactTools, positions NYSE Euronext as a global leader in providing integrated commercial technology solutions for financial services firms and other markets,” says Duncan L. Niederauer, Chief Executive Officer, NYSE Euronext. “This is a rapidly growing sector of our business, and we look forward to providing our customer base with a comprehensive array of commercial technology solutions that include new connectivity tools, smart order routing, data management and direct market access.”

 

NYSE Euronext Advanced Trading Solutions promises seamless high performance trading across asset classes, global geographies and time zones and a common end-to-end platform for accessing liquidity in any market. Wombat, founded in 1997, offers a high-speed market data and messaging platform directly connecting to markets to facilitate large-volume, low-latency data management and integration.

 

   
     

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