Deutsche Boerse stated on Sunday that it will certainly purchase the Germany-based FX trading system 360T for 725 million euros ($796 million).
360T is among a handful of multi-bank, multi-user systems which have actually changed forex trading over the previous years. Deutsche Boerse defeated U.S. assets as well as money exchange driver CME Group (CME.O) in the public auction, according to resources acquainted with the offer.
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