Intercontinental Exchange Completes Sale of NYFIX and Metabit to ULLINK
Intercontinental Exchange (NYSE:ICE) , the leading global network of exchanges and clearing houses, announced today that it has completed its previously announced transaction with ULLINK for the combined sale of NYFIX and Metabit, both units of NYSE Technologies. The transaction closed on September 19 and terms were not disclosed.
“We are pleased to finalize this transaction with ULLINK for the NYFIX and Metabit units of NYSE Technologies,” said Ben Jackson, President and Chief Operating Officer, ICE Futures U.S. and President, NYSE Technologies. “This completes our goal of divesting certain non-exchange related assets from NYSE Technologies and positioning them with a more appropriate owner.”
NYFIX offers a portfolio of end-to-end technology solutions for the financial services industry with FIX-based products designed to serve high-performance messaging, connectivity, routing and monitoring needs. NYFIX MarketplaceTM is a global community of more than 1,000 trading counterparties with connections to exchanges and electronic trading venues, including Metabit’s extensive reach in Asia.
Metabit operates a collection of electronic trading and connectivity solutions, including Direct Market Access (DMA) capabilities that enable access to financial markets throughout Asia. Based in Japan and built on cutting-edge technology designed in Asia for Asian markets, Metabit links more than 140 market participants in the region.
Evercore acted as financial advisor and Shearman & Sterling LLP acted as legal advisor to Intercontinental Exchange on this transaction.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, and Liffe.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE, New York Stock Exchange, and LIFFE. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at https://www.theice.com/terms.jhtml and http://www.nyx.com/terms-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the SEC on February 14, 2014.
SOURCE: Intercontinental Exchange
Sorry. No data so far.