London, 26 March 2015 -- Moody's Investors Service has today upgraded the corporate family rating (CFR) and the probability of default rating (PDR) of ION Trading Technologies Limited (ION Trading, or the company) to B2 and B2-PD from B3 and B3-PD respectively. Concurrently, Moody's has upgraded to B1 from B2 the rating of ION Trading Technologies S.a.r.l's USD40 million senior secured revolving credit facility maturing 2019, its USD170 million and EUR500 million First Lien Term Loans maturing 2021; and the USD250 million Second Lien Term Loan maturing 2022 to Caa1 from Caa2. The outlook on all the ratings is changed from positive to stable.

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