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State Street Acquires Pulse Trading

State Street Corp. has bought brokerage Pulse Trading.

State Street Corp. has bought brokerage Pulse Trading. The deal includes the acquisition of Pulse Trading’s institutional equities business and about 40 employees in Boston, New York, St. Louis and San Francisco.

Pulse Trading is a full-service brokerage offering a variety of services to meet the demands of institutional investors seeking best trade executions, investment technology and customer support. Full terms of the acquisition have not been disclosed.

Click here for the release from Business Wire.

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