Hedge Funds

RBC completes Carlin acquisition


RBC Capital Markets announced this week that it has completed its acquisition of Carlin Financial Group, a New York-based broker-dealer.

The move is part of RBC's ongoing efforts to build a complete suite of products and services. The deal will boost RBC's monthly trading volume to an average of 3.5 billion shares.

The new division, renamed RBC Carlin, has also launched a new customizable options trading module, Options Pro, marking its entrance into the field of multi-asset direct market access trading platforms.