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Deutsche Börse takes stake in Misra's derivatives start-up

German exchange puts backing behind Gmex, which is planning to launch next year

Deutsche Börse has sealed a minority stake in Gmex Group, the derivatives trading start-up founded earlier this year by former Chi-X Europe chief operating officer Hirander Misra.

Misra told Financial News that the investment, for which Deutsche Börse paid a single-digit million pound sum, is an important strategic step that would offer two-way synergies.

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