M&A

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.

Euronext acquires Substantive Research

The deal enhances Euronext’s investor services segment, strengthening the business’ proximity to the buy-side community.

3forge receives capital injection from Morgan Stanley

New start-up hedge fund Jain Global – product of former Credit Suisse and Millennium Management veteran Bobby Jainpreviously selected 3forge’s platform to support its trading activities.