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Market Chatter: LMAX Working With Morgan Stanley, Stifel Unit to Explore Strategic Options

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Crypto trading platform LMAX Group is working with Morgan Stanley (MS) and Stifel Financial (SF) unit KBW to explore its strategic options, CoinDesk reported Friday, citing people familiar with the matter.

While a sale, special purpose acquisition company merger and US or European initial public offerings are all under consideration, a Nasdaq (NDAQ) listing is currently the preferred choice, according to the report.

Morgan Stanley, KBW and LMAX did not immediately respond to' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $214.41, Change: $-0.77, Percent Change: -0.36%

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