State Street completes acquisition of Currenex

State Street said earlier today that it had 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," said the Boston-based bank in a statement. "Together, State Street and Currenex will provide customers with the most comprehensive set of foreign exchange trading capabilities available in the market place today."

State Street said earlier today that it had 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,” said the Boston-based bank in a statement. “Together, State Street and Currenex will provide customers with the most comprehensive set of foreign exchange trading capabilities available in the market place today.”