State Street Further Expands Outsourced Trading Capabilities - Seite 2

State Street has provided clients with outsourced trading solutions since 2010, and has invested in technology and people to provide a leading agency, multi asset class outsourced trading solution. State Street currently provides outsourced trading to clients in the Americas, APAC and Middle East, and CF Global Trading will extend the ability for the firm to provide these services to clients in the UK and the EU, where outsourced trading is maturing the fastest. After closing, the new combined State Street footprint for outsourced trading will include trading desks in Boston, New York, Toronto, London, Lisbon, Hong Kong and Sydney.

“This is a very exciting day for all of us at CF Global Trading,” said Scott Chace, co-founder and CEO of CF Global Trading. “Our team has worked with our clients for 20+ years to develop a global, multi asset class execution platform with a focus on accessing liquidity, improving workflows and reducing costs. We look forward to joining the State Street team and continuing to build on our client platform and experience with the scale of one of the world’s largest institutional financial services providers.”

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $36.7 trillion in assets under custody and/or administration and $3.5 trillion* in assets under management as of December 31, 2022. State Street operates globally in more than 100 geographic markets and employs approximately 42,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of December 31, 2022 includes approximately $59 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230321006024/en/

The State Street Stock at the time of publication of the news with a raise of +0,04 % to 71,22EUR on Tradegate stock exchange (22. März 2023, 09:38 Uhr).