State Street Corp. has entered into an agreement to acquire Pulse Trading in the fourth quarter. Pulse Trading is a full-service agency brokerage firm that offers a range of electronic trading capabilities that include block trading and blotter scraping technology.

“We look forward to joining State Street, where we will continue bringing best-in-class trading technology to our institutional clients,” said Christian Dubois, managing partner at Pulse Trading. “The combination of our products with State Street’s scale and institutional client base will allow us to expand our reach.”

-- This article first appeared on Money Management Executive.