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New Deal


Announced

Completed

Ten global investment banks and market making firms completed the investment in FMX Futures.

Synopsis

Ten global investment banks and market making firms completed the investment in FMX Futures, a combined platform for futures on US Treasury, repurchase agreements, and foreign exchange trades. Financial terms were not disclosed. "With support from these leading financial firms, we believe FMX will become a rapidly growing futures platform and create important efficiencies for our shared clients. With our clearing partner, LCH, the largest clearer of interest rate swaps in the world, clients will receive significant portfolio-margining capabilities, creating competitive advantages across U.S. interest rate markets," Lou Scotto, FMX CEO.

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