WEB TT Acquires Abel Noser Solutions and START
Acquisition of Industry-Leading Transaction Cost Analysis Provider and Broker-Neutral Trade Optimization Platform
Transaction Cost Analysis Provider
WEB TT, a leading global capital markets technology platform provider, has completed the acquisition of Abel Noser Solutions, the industry-leading provider of transaction cost analysis.
Broker-Neutral Trade Optimization Platform
In a second transaction, WEB TT will acquire START, a broker-neutral trade optimization platform, from Abel Noser LLC.
About WEB TT
WEB TT is a leading global capital markets technology platform provider serving the needs of buy-side and sell-side participants. The company's core technology, the TT platform, provides access to more than 50 exchanges and liquidity venues around the world. WEB TT's solutions include order entry and management, risk management, and market data.
Impact of Transactions
These acquisitions will expand WEB TT's product suite and enhance its ability to serve the needs of its clients. The acquisition of Abel Noser Solutions will add transaction cost analysis capabilities to WEB TT's platform, while the acquisition of START will add broker-neutral trade optimization capabilities.
Benefits to Clients
The acquisitions will benefit WEB TT's clients by providing them with:
- Improved cost transparency
- Enhanced trade optimization capabilities
- Greater access to liquidity
Conclusion
These acquisitions mark a significant step forward for WEB TT as it continues to expand its product suite and enhance its ability to serve the needs of its clients.
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