LMAX taps real money clients with Cürex deal
Acquisition aims to offer liquidity providers diverse flows from asset managers
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Acquisition aims to offer liquidity providers diverse flows from asset managers
A broad coalition that includes trade groups representing retailers are eyeing the NDAA as a potential vehicle for a pair of seemingly unrelated priorities.
LMAX Group is a dynamic, visionary and award-winning financial technology company. Operating one global marketplace for trading FX, metals, indices a
Traders Magazine 0 Shares LMAX Group, the leading independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30% stake in the company to J.C. Flowers & Co. LLC , a leading private investment firm dedicated to investing globally in the financial services industry, for a cash consideration of $300 million valuing LMAX Group at $1 billion. This is a secondary share sale by LMAX Group employees. The transaction remains subject to regulatory approval. We’re pleased to announce that J.C. Flowers...