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Agreement signedPublished 7 Aug 2023

MarketAxess Holdings Inc. /
Pragma

MarketAxess to acquire quantitative trading provider Pragma

Buy side: MarketAxess Holdings Inc.
Buy sideMarketAxess Holdings Inc.
Target: Pragma
TargetPragma
Source · 7 Aug 2023
See the source
Buy side: MarketAxess Holdings Inc.
Buy sideMarketAxess Holdings Inc.
Target: Pragma
TargetPragma
01 / BuyerMarketAxess Holdings Inc.
02 / TargetPragma
01

What happened

MarketAxess Holdings Inc. agreed to acquire Pragma, a quantitative trading technology provider specializing in algorithmic and analytical services in equities, FX and fixed-income. The acquisition is intended to accelerate development of execution algorithms and data-driven analytics for fixed-income.

Consideration includes $75 million in cash and $53 million in MarketAxess common stock, subject to customary adjustments and other terms.

02

The source

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01
Source · Original source

MarketAxess to acquire quantitative trading provider Pragma

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03

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Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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