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Thursday, May 16, 2024
HomeBankingCboe Global Markets: Completes Acquisition of BIDS Trading

Cboe Global Markets: Completes Acquisition of BIDS Trading

Date:

  • Cboe Global Markets provides cutting-edge trading and investment solutions to market participants around the world
  • BIDS Trading, L.P. a registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS)
  • Announced it completed its acquisition of BIDS Trading, a registered broker-dealer and the operator of the BIDS ATS
  • Through ownership of BIDS Trading, Cboe gains a competitive foothold in the off-exchange segment of the U.S. equities market
  • The acquisition of BIDS Trading also provides Cboe with the opportunity to expand its global footprint and diversify its product
  • Cboe LIS grown to become one of the largest block trading platforms in Europe, accounting for approximately €240 million

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