AUSIEX acquires FIIG
Wholesale trading platform AUSIEX has acquired fixed income trading business FIIG.
The transaction was announced by Nomura Research Institute which said that AUSIEX had entered into an agreement with FIIG Holdings to acquire 100% of its issued shares and commence the process of making it a wholly-owned subsidiary of AUSIEX by the end of June.
AUSIEX became a part of Numura Research Institute in May, 2021,
FIIG is Australia’s largest specialist fixed income provider with over $4.5 billion in funds under advice.
Commenting on the deal, AUSIEX chief executive, Patrick Salis said the transaction would allow AUSIEX to expand its range of products and services to meet the wider needs of traders, advisers and investors.
“With this move, AUSIEX expands beyond exchange traded instruments listed on ASX & CBOE, to now also include over the counter (OTC) domestic and international fixed income products via 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.”
Exactly
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