💨 Abstract

FactSet, a financial data services firm, has acquired LiquidityBook, a trade management platform, in a $246.5 million cash deal. The acquisition aims to provide more consolidated solutions to clients and strengthen FactSet's position in the financial platform market. LiquidityBook offers global broker-market connectivity for hedge funds, asset managers, and sell-side firms.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖