We are excited to share that as of 12th January this year, Liquid Capital’s London operations began trading under Mako’s European trading memberships with John Jones joining as our COO and Richard Lee taking a senior trading position.
The transaction included a number of Liquid's London based trading books and the transfer of their London staff. These books are now trading under Mako’s European trading memberships.
Mako and Liquid share a common DNA, both European options market makers formed in the 2000s. The combination of the firms’ London operations is a natural strategic fit and provides an exciting opportunity to continue providing liquidity to the market and accelerate growth of Mako’s technology and trading platform.
There is no change to Mako’s business model or regulated activities as part of this arrangement. In addition, there is currently no change to either Mako’s or Liquid’s APAC business which continue to operate as independent and separate firms.