CST to Boost CDS Market Share with Chapdelaine Acquisition

UK broker Collins Stewart Tullett (CST) is boosting its market share in credit derivatives in North America with the acquisition of New York broker Chapdelaine Corporate Scurities for $95 million in cash. It says it would combine the company with Tullett Prebon when the two parts of Collins Stewart Tullett demerge in December to form […]
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Icap and LSE in Merger Talks

Inter-dealer broker Icap and The London Stock Exchange have held talks about merging to create one of the most powerful trading platforms in the world, according to the Sunday Times newspaper. The paper, which did not name its sources, said the talks, held over several weeks during the summer, aimed to create the “all-British solution” […]
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