IMC Completed Acquisition of Altas Technologies

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IMC, a global market maker based in Amsterdam, Chicago, and Sydney, has recently completed the acquisition of Altas Technologies, a technology and data-driven trading firm based in Rotterdam, Netherlands. The financial details of the deal have not been disclosed.

The acquisition is expected to enable IMC to expand its capabilities into new markets and asset classes. Altas Technologies specializes in developing automated systems that use machine learning and portfolio management techniques to predict and trade on financial markets, with a current focus on crypto trading.

IMC is known for its global market-making operations, with offices in Europe, the United States, and the Asia-Pacific region. The company employs algorithms, statistical techniques, and low-latency technologies to execute its trading strategies. Additionally, IMC adheres closely to regulatory requirements set by (supra-)national authorities to ensure compliance in its trading activities on its own account.

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