BMO Financial Group Completes Acquisition of Clearpool Group, Inc.
Bank Of Montreal (BMO)
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Source: PR Newswire
Fintech acquisition delivers modern, cloud-based electronic trading platform with visual data analytics and customizable algorithmic strategies Emphasizes BMO's priorities to provide innovative technology to clients and expand in areas of opportunity and strength NEW YORK and TORONTO, April 6, 2020 /PRNewswire/ - BMO Financial Group (NYSE, TSX: BMO) today announced that it has completed the acquisition of Clearpool Group, Inc., a New York-based provider of holistic electronic trading solutions and an independent agency broker-dealer operating in the U.S. and Canada. BMO announced the acquisition on January 22, 2020. The transaction delivers powerful new capabilities to BMO's electronic trading platform. As the nature of equity trading shifts to increased emphasis on electronic trading, the acquisition of Clearpool demonstrates BMO's commitment to delivering leading edge trading technology to its global client base.Clearpool continues to be a separate broker-dealer with information b
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