Cboe to buy 14.8% of Japannext in prop trading system tie-up

TOKYO — U.S. exchange operator Cboe Global Markets said Friday it will buy a 14.8% stake in Japannext, a financial services provider seeking to expand its footprint in Japan's private trading sector.

Japannext parent SBI Holdings will buy Japannext shares from other shareholders and transfer them to Cboe.

Leave a Reply

Your email address will not be published. Required fields are marked *