CME, IHS Markit to Form Post-Trade Services Joint Venture for OTC
CME Group and IHS Markit to Form Leading Post-Trade Services Joint Venture for OTC Markets
LONDON & CHICAGO–(BUSINESS WIRE)–CME Group (NASDAQ: CME), the world’s leading and most diverse derivatives marketplace, and IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that they have agreed to combine their post-trade services into a new joint venture.
The new company will include trade processing and risk mitigation operations. It will incorporate CME Group’s optimization businesses – Traiana, TriOptima and Reset – and IHS Markit’s MarkitSERV.