Clear Street set to acquire Fox River algorithmic trading business from Instinet
The deal to acquire Fox River’s algorithmic execution solutions is expected to close in Q3.
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The deal to acquire Fox River’s algorithmic execution solutions is expected to close in Q3.
Tilly previously served as CEO and chairman of CBOE Capital Markets for over 10 years.
Jon Daplyn joins as chief information officer and Hari Godbole as vice president of engineering.
The new funding takes the firm’s total Series B to $435 million following an initial $165 million raise last year.
A round-up of the latest funding endeavours of fintech start-ups from across North America.
The new funding takes the company’s valuation up to $1.7 billion.