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CME Group Inc (NASDAQ: CME) and IHS Markit Ltd (NYSE: INFO) launched a joint venture, OSTTRA, a provider of post-trade solutions for the global OTC markets across interest rate, FX, equity, and credit asset classes. IHS Markit paid a $113 million equalization payment to CME Group to achieve 50/50 ownership and shared control in the joint venture.
...read full article on Benzinga
