Atlantic Equities, a provider of U.S. stock research and trading, has purchased New York-based brokerage, Execution Noble, Bloomberg reports. The merged company will keep London-based Atlantic’s name and provide research and trading services in both the U.S. and the U.K.
Execution Noble’s Gary Cunningham will be a managing partner of the new company. Atlantic has 32 employees in the U.K., while Execution has nine in the U.S. Execution Noble was formerly a unit of Execution Noble Limited, a London-based brokerage that was acquired last year by Portugal’s Banco Espirito Santo.
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