ICAP plc, the world's premier inter-dealer broker, has completed the acquisition of Traiana, the leading Israeli provider of automated post trade processing services to financial institutions. The Acquisition was first announced 2 months ago, and marks ICAP intentions to expand into the post trade processing business. 100% of the share capital of Traiana is worth, according to the contrac,t US$238 million payable in cash and $9 million of ICAP shares that will vest within four years.

Business model of Israeli Traiana charges for each post trade event, as each of them triggers other events. The Israeli company marked a significant success in operating a neutral platform in the foreign exchange market and holds partnership with all the market participants, including EBS system of ICAP.