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Liquidnet to Acquire Miletus Trading.
PR Newswire Europe
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January 22, 2007
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COPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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NEW YORK, January 22 /PRNewswire/ --
Liquidnet, the #1 electronic global marketplace for block trading, announced today that it has signed a definitive agreement to acquire Miletus Trading, a leading agency-only brokerage firm that provides advanced, quantitative execution strategies and analytics to institutional investors. The transaction is expected to close by the end of March, pending regulatory approval.
"Liquidnet's acquisition of Miletus is an integral part of our strategy to build a more efficient global institutional marketplace for the buy side," ...
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