Thomson Reuters acquires Tradeweb FX options platform

Lee Olesky, Tradeweb

Thomson Reuters is to acquire the foreign exchange options business of Tradeweb Markets in a further sign that the options market only requires a small number of providers of multibank electronic trading under forthcoming regulations.

Tradeweb, of which Thomson Reuters already has an ownership stake, launched its FX options platform in February 2012, just months before FXall added options to its own platform and was then acquired by Thomson Reuters. Clients on the Tradeweb platform will be

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