State Street Completes Acquisition of Currenex
March 05 2007 - 8:00AM
Business Wire
State Street Corporation (NYSE: STT), the world�s leading provider
of financial services to institutional investors, announced today
that it has completed the closing of its acquisition of Currenex.
The acquisition accelerates State Street�s participation in the
fast growing electronic foreign exchange trading market while
significantly increasing and diversifying State Street�s trading
customers beyond traditional asset managers to include more active
currency managers and hedge funds. Together, State Street and
Currenex will provide customers with the most comprehensive set of
foreign exchange trading capabilities available in the market place
today. About State Street Corporation: State Street Corporation
(NYSE: STT) is the world's leading specialist in providing
institutional investors with investment servicing, investment
management and investment research and trading services. With
US$11.9 trillion in assets under custody and US$1.7 trillion in
assets under management as of December 31, 2006, State Street
operates in 26 countries and more than 100 geographic markets
worldwide. For more information, visit State Street�s website at
www.statestreet.com.
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