NEW YORK GFInet Inc., a telephone and online brokerage firm, announced last week that it had bought Fenics Ltd., a London technology firm.
The price was not announced.
The acquisition will allow GFInet to offer real-time data and online analysis in fixed-income, energy, and other markets.
GFInet will combine Fenics analysis capabilities with an online trading platform to be launched early next year. Michael Gooch, chairman and chief executive officer of GFInet, said the new service would offer traders easy one-stop pricing, trading, and trade reporting.