AUSIEX to acquire FIIG Securities

Financial Standard

Wholesale trading platform AUSIEX will acquire fixed income trading business FIIG Securities by the end of June 2025. The acquisition price has not been disclosed, but Financial Standard understands it has been described as “fair value”. Financial Standard also understands the FIIG executive team will stay on in their current capacity for the transition and the FIIG brand will continue to exist but will be noted as “an AUSIEX company” going forward.

AUSIEX chief executive Patrick Salis said the transaction will allow the AUSIEX business to expand its range of products and services to meet the wider needs of traders, advisers and investors. “With this move, AUSIEX expands beyond exchange traded instruments listed on ASX and CBOE, to now also include over the counter (OTC) domestic and international fixed income products via the FIIG platform,” Salis said. “It will provide local institutions, financial advisers, family offices, SMSF and HNWIs with the most comprehensive investments trading and portfolio administration platform offering in the country.”

The rest of this article can be found at financialstandard.com.au.