LONDON, UK, January 12, 2017 - S&P Global (NYSE: SPGI) announced it had finalized the sale of Quant House SAS (QuantHouse) to a company owned by Pierre Feligioni, one of QuantHouse’s original founders.
QuantHouse has developed a strong global platform in recent years, with its expansion into new geographies such as Asia and the delivery of a series of market innovations in ultra-low latency market data and algorithmic trading. QuantHouse’s talented management team will remain with the company as it enters this new phase of its growth.
“Alexis advised us on the sale of QuantHouse to S&P Global in 2012 and produced a terrific outcome for the founders and shareholders,” says Pierre Feligioni. “I am delighted we trusted them again to successfully structure and negotiate this complex transaction, which will allow us to regain focus and flexibility to exploit growing market opportunities in North America, Europe and Asia.”
The terms of the transaction were not disclosed.
About QuantHouse
Founded in 2005, QuantHouse is the global leader in end-to-end systematic trading solutions including ultra-low latency market data, algorithmic trading development frameworks, proximity hosting and order routing to hedge funds, market makers, proprietary desks, brokers and sell-side firms.
https://www.quanthouse.com/
