M&A

The completion comes six months after the deal was initially announced in December 2025. 

The deal was initially announced in January 2026 and is set to enhance TP ICAP’s positioning in equity derivatives and fixed income markets.  

The transaction focuses specifically on River Global’s asset management business, and boosts Liontrust’s total assets under management.  

Deal is set to close in Q3 2026; move will bolster the expansion of the asset manager’s private credit platform across the Continent.  

Following the completion of the transaction, Corient's offering now spans more than 300 partners and an excess of $500 billion for its client base.  

BTIG will continue to operate as a separate broker-dealer within U.S. Bancorp; deal includes BTIG’s institutional equity sales and trading, equity capital markets, equity electronic trading, and M&A advisory. 

The deal allows Broadridge to expand its client offering, providing an integrated, end-to-end trading solution spanning futures and options markets.  

The move will complement OSTTRA’s existing solutions, which include buy-side trade processing, and will provide clients with greater access to automated, real-time oversight and streamlined operations.