MarketAxess Acquires Pragma
August 7, 2023
MarketAxess Holdings Inc. has entered into a definitive agreement to acquire Pragma, a New York–based quantitative trading technology provider. The acquisition will accelerate MarketAxess' development of AI-driven execution algorithms and data-driven analytics across fixed-income products and expand its multi-asset algorithmic capabilities.
- Buyers
- MarketAxess Holdings Inc.
- Targets
- Pragma
- Industry
- Software
- Location
- New York, United States
- Transaction Type
- Buyout
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