Report: State Street seeks buyer for currencies trading platform Currenex

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Report: State Street seeks buyer for currencies trading platform Currenex

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20 Jan, 2020

Author Maricor Zapata

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.

Author
Maricor Zapata

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Report: State Street seeks buyer for currencies trading platform Currenex