Clearwater Analytics picks up SaaS business Enfusion in $1.5 billion deal
The transaction is expected to complete in Q2 2025, subject to regulatory approvals.
M&A
MetLife IM set to acquire investment teams managing $6 billion from Mesirow
As part of the move, high yield, strategic fixed income and small-cap equity teams will be acquired by MetLife Investment Management.
Optiver, XTX Markets among consortium to back launch of Brazilian derivatives exchange A5X
The exchange is set to go live in 2026 with investment from five firms set to fund talent and technology to facilitate launch.
ICE acquires American Financial Exchange
Sum of deal, which will see the venue operator and technology provider acquire 100% of the electronic exchange from 7RIDGE, remains undisclosed.
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.
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, 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.