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Cboe Global Markets has expanded its geographical footprint by making an acquisition in Asia Pacific and grown its product suite with the regulatory approval of periodic auctions in the US.
In March this year Cboe announced it had agreed to acquire alternative market operator Chi-X Asia Pacific Holding from J.C. Flowers & Co. The acquisition provides Cboe with a point of entry into Australia and Japan.
David Howson, EVP, president, Europe and Asia Pacific at Cboe Global Markets, told Markets Media: “The Chi-X Asia-Pacific acquisition fits our global strategy of expanding geographical reach, product mix and asset class diversification.”