BGC Group Sells kACE Financial to smartTrade Technologies for Up to $119 Million

Reuters
01/06
BGC Group Sells kACE Financial to smartTrade Technologies for Up to $119 Million

BGC Group Inc. has completed the sale of kACE Financial, a provider of real-time pricing and analytics platforms for complex FX derivatives, to smartTrade Technologies SAS. The transaction is valued at up to $119 million, including an initial payment of $80 million and up to an additional $39 million in contingent cash consideration based on performance metrics, some of which is expected to be received in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGC Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260106510045) on January 06, 2026, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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