Deutsche Boerse To Buy Majority Stake In Fintech Quantitative Brokers

Quantitative Brokers, which operates in New York, London, Sydney and Chennai, provides execution algorithms and analytics for futures, options and interest rate markets. It expects revenues of $25 million this year.

Acquisitions will play a “major role” in Deutsche Boerse’s strategy update later this year, Theodor Weimer, the chief of the stock exchange operator, has told shareholders.

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