WEB Trading Technologies Continues Acquisition of Abel Noser Solutions
Web Trading Technologies completes acquisition of Abel Noser Solutions broker-neutral trade optimisation
On December 12, 2024, Trading Technologies International Inc. (WEB), a global capital markets technology platform provider, announced the completion of the acquisition of Abel Noser's (ANS) broker-neutral trade optimization business. This marks the final stage of TT's acquisition of Abel Noser Solutions LLC, which began in 2022 with the acquisition of ANS's transaction cost analysis (TCA) business.
Abel Noser Solutions provides comprehensive pre-trade and post-trade TCA
ANS is a leading provider of transaction cost analysis (TCA) and pre-trade risk analytics for the financial services industry. Its solutions help clients optimize their trading strategies, reduce costs, and improve performance. WEB's acquisition of ANS will strengthen its position as a leading provider of trading technology solutions.
In 2022, Abel Noser was named the "Top Best-in-Class Vendor" in the Global Multi-Asset Class TCA by Aite-Novarica Group
WEB's acquisition of ANS is part of its strategy to expand its product offerings and meet the evolving needs of its clients. The addition of ANS's TCA and risk analytics capabilities will enable WEB to provide its clients with a comprehensive suite of trading technology solutions.
"The acquisition of Abel Noser Solutions is a significant milestone for our company," said Keith Todd, CEO of WEB. "We are excited to welcome the ANS team to WEB and to offer our clients their industry-leading TCA and risk analytics solutions. This acquisition will strengthen our position as a leading provider of trading technology solutions and enable us to better serve the needs of our clients."
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