LMAX is working with Morgan Stanley and investment bank KBW to assess its options, which could lead to a sale or a public offering. Institutional trading platform LMAX is working with advisers Morgan Stanley and Stifel’s investment bank, KBW. Options being considered include a potential sale, SPAC merger or an IPO, according to people familiar. The London-based firm has expanded rapidly in recent months, introducing a 24/7 multi-asset exchange and securing a $150 million strategic investment fr…
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