Subsequent Event

6 Months Ended

Jun. 30, 2014

Subsequent Event

Subsequent Event

(16) Subsequent Event

On July 30, 2014 the Company acquired all of the capital stock of ID’S for $19.6 million, net of $4.2 million in acquired cash. ID’S is a Paris-based company that develops and licenses RFQ-hub, a request-for-quote technology platform for global listed and over-the-counter financial instruments. This acquisition is closely aligned with the Company’s strategic goals to expand its business across different asset classes and client constituencies and to grow its international businesses.