Markit acquires Data Explorers

Tuesday, 03/04/2012 | 07:01 GMT by Adil Siddiqui
Markit acquires Data Explorers

Markit a leading financial information and market data firm has acquired Data Explorers a prominent player in the securities lending market.

The purchase of Data Explorers will provide Markit access to equity and fixed income markets. Markit is owned by the worlds largest banks and is valued at $3 billion.

Markit offers full front office services for data and pricing products, available in all major asset classes including; commodities, CDS, FX, fixed income and Equities .

Markit provided middle ware to LCH Clearnet for their entry into the much awaited OTC Clearing scene.

Markit has made numerous purchases in the last few years; including Logiscope.

Markit a leading financial information and market data firm has acquired Data Explorers a prominent player in the securities lending market.

The purchase of Data Explorers will provide Markit access to equity and fixed income markets. Markit is owned by the worlds largest banks and is valued at $3 billion.

Markit offers full front office services for data and pricing products, available in all major asset classes including; commodities, CDS, FX, fixed income and Equities .

Markit provided middle ware to LCH Clearnet for their entry into the much awaited OTC Clearing scene.

Markit has made numerous purchases in the last few years; including Logiscope.

About the Author: Adil Siddiqui
Adil Siddiqui
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