Capitolis acquires Capitalab for $46 million to expand its portfolio and enhance financial market optimization solutions globally.
Capitolis acquires Capitalab for $46 million to expand its portfolio and enhance financial market optimization solutions globally.
Capitolis acquires Capitalab from BGC Group for $46 million. This strategic acquisition will enhance Capitolis’ portfolio of solutions and accelerate innovation in response to the growing demands of the capital markets.
The deal marks a significant step for Capitolis, which has seen impressive growth in recent years. Over the past year, the company launched several new products and expanded its global network. By adding Capitalab, which specializes in Rates Portfolio Compression and Margin Optimization, Capitolis will further strengthen its position in the market and broaden its reach to more financial institutions.
Gil Mandelzis, CEO and Founder of Capitolis expressed enthusiasm about the acquisition, emphasizing the importance of portfolio compression and margin optimization for the capital markets. “These services, when executed effectively, play a critical role in the stability and efficiency of the financial system. Capitalab’s cutting-edge technology aligns perfectly with our mission, and together, we will provide a comprehensive, one-stop solution for compression services,” Mandelzis said.
Capitalab’s Founder and CEO, Gavin Jackson, welcomed the merger, stating that joining forces with Capitolis would allow both companies to combine their strengths and deliver even greater value to clients. “We are excited to collaborate with Capitolis, as this partnership will empower us to provide superior service while keeping our clients’ needs at the forefront,” Jackson said. He will join Capitolis’ executive team following the acquisition.
This deal follows significant investment in Capitolis from major global financial institutions such as Citi, Morgan Stanley, State Street, and UBS. It also builds on the company’s 2021 acquisition of LMRKTS, further solidifying Capitolis’ growing influence in the financial optimization space.
With Capitalab’s expertise added, Capitolis is poised to offer a broader suite of solutions and continue expanding into key financial markets globally.
Also, Stay Updated With The Latest Broker News.
XM is a global online broker that specializes in Forex and CFD trading. Headquartered in Cyprus, the company operates under the regulation of CySEC. It offers traders the opportunity to trade various financial instruments, including forex pairs, commodities, indices, and stocks.
eToro is a regulated online brokerage that offers trading of a wide range of trading instruments, including over 3,000 tradeable symbols, including CFDs, forex pairs, and exchange-traded securities, which can be traded through their eToro Investment Platform.
IC Markets is a licensed forex CFD broker, extending an opportunity for day traders, scalpers, and newcomers to engage in CFD trading. They furnish their clients with state-of-the-art trading platforms, high-speed connectivity with minimal delays, and exceptional liquidity.
Please drop your email below to get daily updates about what we do
FX Broker Tester is your guide to uncovering dependable Broker partners perfectly aligned with your needs in the financial markets. Identify the ideal match by exploring the meticulous evaluation conducted by our team of seasoned analysts. Via our platform, you gain entry to comprehensive broker reviews, rankings, detailed comparisons, the latest broker news, and a calendar of worldwide Forex events.
