From WSJ: Two of the largest independent
U.S. high-frequency-trading firms
are in early merger discussions, as a downturn in trading opportunities has
spurred cutbacks and tie-up talks among rivals.
RGM Advisors LLC and Allston Trading LLC have discussed a deal that would combine their respective strengths in automated stock trading and futures markets, according to people close to the talks…..
Read all about it at http://online.wsj.com/article/SB10001424127887323836504578553662434691152.html