You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
CME and IHS Markit to create a post-trade services joint venture - IHS will pay CME $113 million for a 50/50 stake:
$CME $INFOhttps://www.cmegroup.com/media-room/press-releases/2021/1/12/cme_group_and_ihsmarkittoformleadingpost-tradeservicesjointventu.html?source=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+mediaroom%2FCMsF+%28CME+Group+Media+Room%29 …
I like the move - a partnership helps the companies share info & work together to win business in a crowded, fragmented industry.
It’s not really a crowded space for those businesses specifically. Yes post-trade broadly has a lot of players but these are two of the leaders in post-trade, processing and trade compression.
Thanks for the added detail. It seems like CME is contributing more to the JV (why INFO paid them) - why do this partnership & give up ownership if you’re already the market leader? Curious to hear your thoughts.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
