Press Release

Morgan Lewis Advises TradingScreen in BidFX Majority Interest Sale to the Singapore Exchange

July 01, 2020

NEW YORK and LONDON, July 1, 2020: Morgan Lewis represented TradingScreen Inc. and other minority shareholders in the sale of a majority interest in BidFX Systems Limited to the Singapore Exchange. The Singapore Exchange acquired a 20% stake in BidFX in March 2019 and has now acquired the remaining shares.

TradingScreen is a US-based financial technology provider of SaaS-based trading services for hedge funds, mutual funds, and brokers. BidFX operates a specialized cloud-based trading platform for global FX markets.

Morgan Lewis’s cross-border team included partners David Pollak, Timothy Corbett, and Nicholas Moore, and associates Philip Wyatt and Katherine Dean represented TradingScreen.