Eurex's FX business hangs in the balance
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Preuss was speaking at a press conference on the 70% stake sale of the Frankfurt-based exchange's holdings in its US subsidiary, Eurex US, to Man Group last Thursday (July 27). As part of the deal – expected to close by early September – Man will buy the stake for $23.2 million in cash and will make a capital injection of $35 million into the US exchange.
Preuss said that the German exchange is currently re-evaluating how to progress with the segment of FX product, as part of its overall product
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