Thomson Reuters’ New Parent Mulling FXall Sale

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Thomson Reuters’ New Parent Mulling FXall Sale

Postby kreslik.news » Wed Sep 26, 2018 6:12 am


A significant part of the foreign exchange business of Thomson Reuters could be up for sale, Bloomberg reports. Blackstone Group, which is the new parent of the financial and risk arm which includes the FX unit is considering sale options for FXall.

Bloomberg is reporting that the value of the unit is estimated at around $3 billion. The estimate has been made by a source with intimate knowledge of the matter.

To date, no final decision has been made on the sale of FXall. The FX ECN is part of the portfolio of the ... (read more)
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