The TRADE’s most read stories of 2024, part two: People moves, TRADE 20 roundups, and open outcry
Counting down from seven to four of the most read news stories on The TRADE over the past year, featuring Citadel, Millennium and more.
M&A
The TRADE’s most read stories of 2024, part one: M&A, quant moves, and outsourced trading remits
The TRADE counts down from 10 to eight of the most read news stories on The TRADE over the past year, featuring FIS and Torstone Technology, Citadel, Goldman Sachs Asset Management, and BNY.
LSEG divests 5% interest in Euroclear to TCorp
TCorp’s total investment value in Euroclear is $478 million.
oneZero receives capital boost from new investor as it seeks to expand its role within the global OTC asset trading market
The investment from Golden Gate Capital is set to “drive further organic growth and M&A”, said oneZero.
big xyt secures €10 million capital injection
The investment from European growth investment firm Finch Capital is earmarked to facilitate big xyt’s global expansion.
SIX could withdraw from EuroCTP consortium following Aquis deal
EuroCTP was first announced in the third quarter of 2023 and is backed by 14 exchanges as its shareholders and would be competing with Aquis and Cboe’s own consolidated tape initiative.
LMAX Group acquires FX HedgePool
The move follows LMAX’s acquisition of Cürex last year, increasing the business’ proposition for asset managers and other buy-side participants.
Oaktree to pick up Close Brothers Asset Management in £200 million deal
Following completion of the transaction – expected in 2025 – Close Brothers AM will operate as a standalone and independent business.
Kepler Cheuvreux picks up majority stake in ETF platform Trackinsight
The move “reaffirms [Kepler’s] commitment to becoming the undisputed leader in the ETF sector,” said the firm.
Euronext acquires Substantive Research
The deal enhances Euronext’s investor services segment, strengthening the business’ proximity to the buy-side community.