Electronic Trading Newsflashes

Fulcrum Global Partners Inks Nearly $2 million Contract to Use NYFIX Platinum for Trading Listed and OTC Stocks; FPL Global Steering Committee Chooses Two New Co-Chairs; Interactive Data Acquires FutureSource; Cantor Fitzgerald Launches New Voice Brokerage Business

Interactive Data Acquires FutureSource

Interactive Data Corporation (IDC), based in Bedford, Mass., has signed an agreement to acquire FutureSource and its subsidiaries for $18 million in cash. The acquisition is expected to close during the third quarter of 2004, pending regulatory approvals.

Headquartered in Lombard, Illinois, FutureSource provides global coverage of futures, options, and cash price data, news and charting analysis tools through a series of networked, stand-alone and Internet delivery platforms to traders, brokers and risk managers.

IDC, a leading global provider of securities pricing, financial information and analytic tools, plans to combine FutureSource's products and services into its eSignal division, headed by Chuck Thompson, President of eSignal, which is based in Hayward, Calif.

"The acquisition of FutureSource will enhance, expand and complement our eSignal division. It enables us to quickly and cost-effectively pursue attractive growth opportunities as a business and information provider to the futures brokerage industry," stated Stuart Clark, President and CEO of Interactive Data, in a press release regarding the acquisition.

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