The market data companies CME Group and IHS Markit have signed a joint venture that brings together their post-trade services.
IHS already made some big announcements in 2021
The new company will combine the Traiana, TriOptima and Reset solutions from CME with MarkitServ from IHS Markit.
IHS Markit is making a $ 113 million compensation payment to CME Group in order to obtain a 50/50 stake and joint control of the joint venture.
The first three systems offer pre- and post-trade …
