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Article: RBC Capital Markets to acquire Carlin Financial Group.
- Article from:
- PR Newswire
- Article date:
- October 25, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK and TORONTO, Oct. 25 /PRNewswire-FirstCall/ -- RBC Capital Markets announced today that it has agreed to acquire the broker-dealer business and certain other assets of the Carlin Financial Group (the "CFG Business"), a New York-based boutique broker dealer known for its sophisticated trading and execution services and proprietary algorithms. The transaction is subject to regulatory approvals and other customary conditions and is expected to close in the first quarter of 2007. Pricing terms of the transaction were not disclosed.
This acquisition will give RBC Capital Markets a best-in-class electronic execution platform from which to serve the emerging ...