Dow Jones

NEW YORK - Bank of New York Co.'s BNY ESI & Co. unit completed the acquisition of certain assets of Global Execution Network Associates Inc.

Global Execution is a U.S.-based broker-dealer specializing in quantitative and program equity trading in 52 markets.

In a press release Wednesday, Bank of New York said the acquisition will increase the unit's nondollar trading capabilities for the firm's institutional clients. Financial terms were not disclosed.

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