State Street Corporation (NYSE:STT) announced today that it has completed its acquisition of CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income.
Financial terms of the deal, which was first announced in March 2023, are not being disclosed.
“Outsourced trading enables organizations to access new asset classes, prepare for regulatory shifts and navigate global markets while allowing them to focus on their strategic outcomes on behalf of their clients,” said Dan Morgan, global head of Portfolio Solutions at State Street. “The addition of CF Global Trading brings industry-leading expertise that strengthens our current outsourced…
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