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FactSet acquires NYC trading platform

2015-09-22 15:02:32| IT Services - Topix.net

FactSet Research Systems is acquiring New York City-based Portware for $265 million, with Portware operating a stock order execution management system for simple trades by asset managers, freeing up time for then to focus on more complex trades. FactSet is based in Norwalk and provides data and analytics to investment professionals.

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