Benzinga | Apr 5, 2021 10:29AM EDT

Options Technology Acquires Fixnetix From DXC Technology For Undisclosed Sum

* Abry Partners-backed IT infrastructure provider Options Technology consummated the acquisition of DXC Technology Co (NYSE: DXC) owned Fixnetix.

* The financial terms of the transaction were not disclosed.

* Fixnetix offers outsourced front-office trading services to global investment banks, hedge funds, proprietary trading firms, and exchanges. It was part of DXC's global banking and capital markets business.

* Clients will gain from the wide-ranging market data footprint encompassing the US, European and Asian Markets along with innovative R&D abilities, including automation, monitoring, and testing capabilities.

* Price action: DXC shares traded higher by 1.81% at $31.39 on the last check Monday.