Announced
Singapore Exchange to acquire MaxxTrader for $125m.
Synopsis
Singapore Exchange, an investment holding company, agreed to acquire MaxxTrader, a foreign exchange trading platform, from FlexTrade Systems, a financial technology firm, for $125m. "Our next step is to offer clients a full suite of FX futures and OTC solutions, by building a primary FX OTC marketplace anchored in Singapore," Loh Boon Chye, SGX Chief Executive.
Principals
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