SSI acquires Indigo Markets

SSI Ltd has acquired 100 percent shareholding in the Bermuda based Indigo-Mar-kets Ltd. Effective Sep 30, 2003, IndigoMarkets is a wholly owned subsidiary of SSI Ltd.

IndigoMarkets was formed in January 2000 as a 55:45 joint venture between Nasdaq Glo-bal Holdings and SSI Ltd to facilitate Nasdaq’s global expa-nsion by providing support and services around the TESA family of stock exchange auto-mation products. These produ-cts are the property of In-digoMarkets. SSI was the technology partner to the JV.

“IndigoMarkets provides SSI opportunities to work on securities solutions for a global clientele,” said Kalpathi Suresh, Chairman and CEO, SSI Ltd.

Cyber News Service