AUSIEX acquires FIIG – Financial Newswire | Australian Markets
Wholesale trading platform AUSIEX has acquired fixed income trading business FIIG.
The transaction was introduced by Nomura Research Institute which stated that AUSIEX had entered into an settlement with FIIG Holdings to amass 100% of its issued shares and begin the method of making it a wholly-owned subsidiary of AUSIEX by the top of June.
AUSIEX turned a half of Numura Research Institute in May, 2021,
FIIG is Australia’s largest specialist fixed income supplier with over $4.5 billion in funds beneath advice.
Commenting on the deal, AUSIEX chief government, Patrick Salis stated the transaction would permit AUSIEX to develop its vary of services and products to satisfy the broader wants of merchants, advisers and buyers.
“With this transfer, AUSIEX expands past exchange traded devices listed on ASX & CBOE, to now additionally embrace over-the-counter (OTC) home and worldwide fixed income merchandise through the FIIG platform.
“It will provide local institutions, financial advisers, family offices, SMSF and HNWIs with the most comprehensive investments trading and portfolio administration platform offering in the country.”
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