Cboe Global Markets (CBOE: CBOE), a leading provider of global market infrastructure and tradable products, recently announced its acquisition of NEO*, a fintech organization comprised of a fully registered Canadian securities exchange (“NEO Exchange”) with a diverse product and services set ranging from corporate listings to cash equities trading and a non-listed securities distribution platform (“NEO Connect”). Through the acquisition, Cboe expects to provide an enhanced Canadian equities offering, bringing global infrastructure and market expertise to further grow Canada as a hub for global equities trading. “With NEO, we are creating another connection across borders through our network of trusted markets, enabling Canadian clients to pursue global growth opportunities through innovation, enhanced technology and access to new ways of trading and listing,” said Ed Tilly, chairman and CEO of Cboe Global Markets. “Our global strategy is focused on developing a seamless experience for our combined customers and I can’t wait to work with the entire NEO team to bring greater choice to market participants in Canada and across the globe.”
To view the full press release, visit https://nnw.fm/FjYBD
About Cboe Global Markets Inc.
Cboe Global Markets, a leading provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The company is committed to operating a trusted, inclusive global marketplace, providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across North America, Europe and Asia Pacific. To learn more, visit www.CBOE.com.
*Neo is the aggregate business name for Aequitas Innovations, Neo Exchange and Neo Connect.
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