Castle Securities Acquires IMC’s Designated Market Making Unit
“We look forward to developing brand-new relationships and bringing the advantages of our leading liquidity offering and remarkable customer service to the extra companies who will be joining us as an outcome of this deal.” The business are now working out on the conclusive contract and other traditional closing conditions and intending to close the deal by the end of Q4 2020. IMC acquired the status of a DMM in 2014 after the acquisition of Goldman Sachs’DMM organization and given that then considerably broadened its market-making company.
