Deutsche Börse Group
Deutsche Börse Group has invested in MerQube, a rapidly growing US-based technology-led research and index firm specializing in the design and calculation of innovative rules-based investment strategies and passive solutions. Deutsche Börse Group is co-investing with private markets asset manager 7RIDGE. The investment in MerQube by Deutsche Börse Group amounts to US$15 million, representing a minority stake.
Since its launch in 2019, MerQube has specialized in designing and calculating a broad range of strategies, from sell-side indices for complex strategies, which serve as the underlying product for index derivatives and structured products, to defined outcome and volatility management, real-time and intraday indices, supporting flexible rebalancing schedules and advanced execution methodologies.
By investing in MerQube, Deutsche Börse Group is further strengthening its leadership in the index industry. MerQube’s focus on customized complex indices, its strong presence in the Americas, and its cloud-native SaaS index and self-indexing platforms make it highly complementary to Deutsche Börse Group’s established index business STOXX, part of ISS STOXX.
Christian Kromann, member of the Executive Board of Deutsche Börse Group, commented: “We are thrilled to invest in and partner with MerQube. The demand for customization, flexibility, and speed-to-market in index-linked investing has been accelerating. MerQube’s cutting-edge technology and innovative approach to indexing respond to this demand. We are convinced that by combining strengths with MerQube, we will be able to further drive true innovation in the indexing industry.”
Vinit Srivastava, CEO of MerQube, added: “We are thrilled to welcome our new investors, Deutsche Börse Group and 7RIDGE, as we accelerate delivery of our vision to close the fintech gap in passive investment. The partnership and trust provided by these two leading organizations will help us further our leadership in indexing for derivatives-based investing, bringing innovation and scale to complement our unique technology and deep understanding of the ecosystem.”
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[Editorial note: We kindly provide you with printable photos of Christian Kromann and Vinit Srivastava.]
Media contact:
Deutsche Börse Group
Claudia Searle-White
+49 69 211 13384
claudia.searle-white@deutsche-boerse.com
Natália Kianickova
+49 69 211 14795
natalia.kianickova@deutsche-boerse.com
MerQube
Alex Brown
+44 781 705 1670
alex.brown@consultancy32.com
About Deutsche Börse Group
As an international exchange organization and innovative market infrastructure provider, Deutsche Börse Group ensures that capital markets are fair, transparent, reliable, and stable. With its wide range of products, services, and technologies, the Group organizes safe and efficient markets for sustainable economies.
Its business areas cover the entire financial market process chain. This includes the provision of indices, data, software, SaaS, and analytical solutions, as well as admission, trading, and clearing. Additionally, it comprises services for funds, the settlement and custody of financial instruments, and the management of collateral and liquidity. As a technology company, the Group develops state-of-the-art IT solutions and offers IT systems worldwide.
Via its corporate venture capital arm, DB1 Ventures, Deutsche Börse Group aims to be a strategic partner of choice for early-stage to growth-stage fintech start-ups which are core or adjacent to its strategy, to generate attractive investment returns, and to add strategic value to the growth plans of its portfolio companies.
With more than 16,000 employees, the Group is headquartered in the financial center of Frankfurt/Rhine-Main and has a strong global presence in locations such as Luxembourg, Prague, Cork, London, Copenhagen, New York, Chicago, Hong Kong, Singapore, Beijing, Tokyo, and Sydney.
About MerQube
MerQube is a technology-led research and index firm specializing in the design and calculation of innovative rules-based investment strategies and passive solutions.
Founded in 2019 by index industry veterans and technologists, MerQube was created as a technology-driven answer to the most sophisticated rules-based investment strategies. MerQube today calculates a broad range of strategies, from defined outcome and volatility management to real-time and intraday indices, supporting flexible rebalancing schedules and advanced execution methodologies.
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