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FIS acquires post-trade platform Torstone Technology

The TRADE

Torstone is a global SaaS platform for post-trade securities and derivatives processing technology, originally built by and for a global investment bank. The fintech was founded in 2011 with originator and CEO Brian Collings still chief executive and chairman today.

Trading 111
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Understanding the Difference Between Hedge Funds and Private Equity

MergersCorp M&A International

Definitions Hedge Funds : Hedge funds are pooled investment funds that employ a variety of strategies to generate high returns for their investors. The investment typically focuses on value creation through restructuring and operational improvements.

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The 20 greatest trading innovations

The TRADE

Central limit order book (CLOB) While it is easy to romanticise the sheer graft that went into trading a few decades ago, the introduction of central limit order books (CLOBs) and streamed pricing were much-needed innovations. In years gone by, buy-side firms have placed orders via a sell-side broker to be traded on exchange.

Trading 120
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The TRADE’s most read stories of 2024, part one: M&A, quant moves, and outsourced trading remits

The TRADE

Torstone is a global SaaS platform for post-trade securities and derivatives processing technology, originally built by and for a global investment bank. As part of the role, Raghavan will serve a broad mandate across both Citadel Asset Management and Citadel Securities.

M&A 52