South Street Securities Holdings Acquires GX2 Systems

August 1, 2023

South Street Securities Holdings, Inc. acquired all equity interests in GX2 Systems, LLC, including its wholly owned broker-dealer GX2 Spread Markets, LLC, to expand its technology-enabled U.S. Treasury execution, market making and analytics capabilities. GX2 will continue operating from its Chicago office while integrating trading and broker-dealer operations into South Street's New York platform; GX2 leadership (David Jaberg) will join South Street's executive team following regulatory approvals and subsequent broker-dealer consolidation.

Buyers
South Street Securities Holdings, Inc., South Street Securities LLC
Targets
GX2 Systems, LLC, GX2 Spread Markets, LLC
Sellers
Geneva Trading
Location
Illinois, United States
Transaction Type
Buyout

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