Jane Street-Backed Exchange Sells Control to Canada’s TMX Group
MEMX LLC, a Jane Street and Morgan Stanley-backed exchange operator, is merging with equity options market BOX in a deal that transfers control of the combined entity to Canada's TMX Group. This strategic combination consolidates two trading platforms under one of North America's largest exchange operators, representing a significant shift in ownership and control of the merged business.
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Jane Street-Backed Exchange Sells Control to Canada’s TMX Group
MEMX LLC, a Jane Street and Morgan Stanley-backed exchange operator, is merging with equity options market BOX in a deal that transfers control of the combined entity to Canada's TMX Group. This strategic combination consolidates two trading platforms under one of North America's largest exchange operators, representing a significant shift in ownership and control of the merged business.
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