Capitolis acquires BGC Group’s Capitalab for $46M
Capitolis today announced the acquisition of Capitalab from BGC Group for a purchase amount of $46 million.
Capitolis today announced the acquisition of Capitalab from BGC Group for a purchase amount of $46 million.
The funds will be used to fuel Capitolis’ growth across both its Capital Marketplace and Portfolio Optimization businesses.
Reaching this milestone—the first of its kind in the FX options market—will significantly reduce the time required by banks, prime brokers, and hedge funds.
Capitolis’ proprietary technology optimizes capital risk-weighted assets and funding requirements for the OTC FX market.
Capitolis now enables automation of agency novation while maintaining anonymity; a first of its kind for the FX options market.
Capitolis Liquid Global Markets LLC is conditionally registered as a security-based swap dealer (SBSD) as of January 4th.
State Street Digital’s TradeNeXus platform partners with Capitolis to launch integrated portfolio optimization offering.
The new Capitolis brand identity reflects the company’s continued growth and expansive vision for financial markets.
Gerard Varjacques brings over 30 years of senior executive and board member experience in financial technology.
Capitolis has welcomed the addition of key strategic hires and notable promotions across the New York and Tel Aviv offices.