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Report: State Street seeks buyer for currencies trading platform Currenex

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Report: State Street seeks buyer for currencies trading platform Currenex

State Street Corp. is looking to sell currencies trading platform Currenex Inc., and it has held informal talks in the hopes of finding a buyer, the Financial Times reported, citing multiple people familiar with discussions.

Talks regarding a potential sale have not reached an advanced stage. State Street declined to comment to the news outlet.

The company bought Currenex in 2007 for $564 million.