Bats handles about a quarter of ETF trading volume in the U.S., giving CBOE a significant beachhead.
BlackRock is joining firms including Paulson, Manikay Partners and Arrowgrass Capital Partners that have recently raised dedicated merger funds.
By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.
LongTail Alpha plans at least two strategies that may be available for clients in separate accounts or funds.
The acquisition enables Zurich-based GAM to introduce a computer-driven trading system focused on long-only and alternative strategies, the fund manager says.