S&P Global and CME Group have finalized the sale of their joint venture, OSTTRA, to the global investment firm KKR for a total enterprise value of $3.1 billion. The proceeds from the sale will be split evenly between S&P Global and CME Group, as OSTTRA was a 50/50 joint venture. Established in 2021, OSTTRA offers a range of post-trade services and solutions for interest rates, foreign exchange, credit, and equity asset classes to the global financial ecosystem.