11:55 AM EDT, 08/22/2024 (MT Newswires) -- CME Group ( CME ) and S&P Global Inc. ( SPGI ) are exploring a sale of their joint venture offering post-trade services in the foreign exchange and derivatives markets, Bloomberg reported Thursday, citing people familiar with the matter.

The JV, called OSTTRA, could be valued at $2 billion to $4 billion, including debt, depending on how a deal is structured, Bloomberg reported, citing the people.

CME Group ( CME ) declined MT Newswires' request for comment.

S&P Global ( SPGI ) didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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